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LGIH News and Press, LGI Homes Inc. From 08/02/21

Stock Information

Company Name: LGI Homes Inc.
Stock Symbol: LGIH
Market: NASDAQ
Website: lgihomes.com

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LGIH - LGI Homes Opens in Resort-Style Lakeland Community

LAKELAND, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of Riverstone , its newest community in Lakeland, with a lineup of upgraded, single-family homes. This master-planned community offers world-class amenities in an unbeatable ...

LGIH - The Many Ways to Play Today's Housing Boom

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The housing market is on fire . Source: Shutterstock This past Tuesday, the S&P CoreLogic Case-Shiller Home Price Index showed that U.S. home prices set another record in May, rising nearly 17% year-over-y...

LGIH - Mortgage rates reverses trend marginally to 2.8%, still remains below 3%

30-year fixed-rate mortgage averaged 2.80% for the week ending July 29, up from 2.78% recorded in prior week and down from 2.99% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey. "Largely due t...

LGIH - Housing Prices Are Absurd. Don't Get Mad - Get Even.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Don’t be fooled by their low-tech reputation — real estate stocks are some of the best Moonshots in the world. Source: Shutterstock Early investors in Trex (NYSE: TREX ), a manufacturer of composit...

LGIH - Mortgage rates inch further down in suit of Treasury yields drop

30-year fixed-rate mortgage averaged 2.78% for the week ending July 22, down from 2.88% recorded in prior week and down from 3.01% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey."While the economy...

LGIH - LGI Homes Expands Terrata Homes Brand into the Austin Market with the Opening of Spicewood Trails

SPICEWOOD, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling in the Austin, Texas market with the opening of its newest community, Spicewood Trails. At Spicewood Trails , Terrata Homes is offering a carefully-curated...

LGIH - June marks growing home sales, prices and inventory: RE/MAX

Drazen Zigic/iStock via Getty Images Housing market is currently hot with rising June home sales, prices and growing inventory for the first time in 15 months. RE/MAX data indicated that June sales experienced 14.2% M/M growth, topping its 13-year history of the report, which spans 53 metro m...

LGIH - LGI Opens New Section of Homes in Popular Dallas-Fort Worth Community

CROWLEY, Texas, July 16, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the company’s return to a highly-coveted community in the Dallas-Fort Worth market, Lasater Ranch . This premier community in Crowley, Texas, offers homebuyers the opportunity to ...

LGIH - Housing market seen strong with 12.1% growth in 2021 house price: Freddie Mac

Freddie Mac's quarterly forecast indicates that the low mortgage rates that have supported the housing market throughout the pandemic are expected to increase later in the year, but just gradually."Of note, high house price growth has been buoyed by increased demand due to low mortgage rates,...

LGIH - Home-sale prices peak to record high levels, cash purchases of home reach 30% first time: Redfin

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 ...

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