LGIH News and Press, LGI Homes Inc. From 07/15/21

Redfin data indicates that seasonally-adjusted home sales dropped 1.2% M/M in June, marking the biggest drop on record through at least 2012; number of homes for sale fell to a record low, down 28% from prior year levels; contrary, it posted a 22% Y/Y growth while listings rose 8% Y/Y.A ...

Summer swoon in mortgage rates continues as 30-year fixed-rate mortgage averaged 2.88% for the week ending July 15, down from 2.90% recorded in prior week and down from 2.98% averaged in same period a year ago, according to the Freddie Mac Pri...

THE WOODLANDS, Texas, July 15, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it acquired the real estate assets of Buffington Homebuilding Group, Ltd. (“Buffington”), one of the largest privately held homebuilders in Austin, Texas, for approximately $...

Homebuilder Taylor Morrison is trading at 5x EPS as investors focus on tech and re-opening stocks. Notwithstanding rising inflation, interest rates are likely to remain low for long, aiding the housing market. The stock offers 50% upside. For further details see: Taylor ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips KB Home (NYSE: KBH ) seems set to rise much higher, especially since inventories are low and prices are rising. Moreover, KBH stock looks cheap on both an absolute basis — using historical dividend yield and pr...

30-year fixed-rate mortgage averaged 2.90% for the week ending July 8, down from 2.98% recorded in prior week and down from 3.03% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey; its lowest since Feb.18...

LGI Homes (LGIH) has closed 997 homes in June 2021, up 31.2% Y/Y from 760 homes in June 2020.In addition, the Company announced 2,856 quarterly closings in Q2 2021 compared to 2,005 in Q2 2020, a 42.4% increase over prior year.The Company finished H1 2021 with a total of 5,417 closings, +41.1...

THE WOODLANDS, Texas, July 06, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 997 homes in June 2021, up from 760 homes closed in June 2020, representing year-over-year growth of 31.2%. In addition, the Company announced record-breaking quarterly closings ...

30-year fixed-rate mortgage averaged 2.98% for the week ending June 24, down from 3.02% recorded in prior week and down from 3.07% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey."Economic growth remain...

SEATTLE, June 30, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced today the grand opening of its newest community near Seattle, Cedar Hill Estates , where the builder will construct 78 homes. Located in Stanwood, a desirable location in northwest Snohomish County n...