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LGIH News and Press, LGI Homes Inc. From 10/28/21

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

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LGIH - Mortgage rates at 3.14%, purchase demand remains firm

"The yield on the 10-year Treasury note has been trending up due to the decline in new COVID cases, increasing consumer optimism, as well as broadening inflation and persistent shortages," chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 3.14% for the week ending Oct...

LGIH - LGI Homes Introduces New Single-Family Plans in Oklahoma City

OKLAHOMA CITY, Oct. 19, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced a brand-new line-up of five floor plans in its Oklahoma City-area communities. Priced from the $220s, this new collection of homes offers homebuyers exceptional value for a newly constructed ...

LGIH - Homebuilders: Shortages Everywhere

Homebuilders - which emerged as unexpected leaders early in the pandemic - dipped into "bear market territory" in early October as supply chain headwinds, soaring home prices, and rising rates spooked investors. Record-low supply levels and robust single-family housing deman...

LGIH - LGI Homes Continues Expansion in the Orlando Market

ORLANDO, Fla., Oct. 13, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its newest community in the Orlando market, Hamlets of Tavares . With quick access to highway 441 and highway 429, these new-construction homes are conveniently located nea...

LGIH - Mortgage rates inch down marginally amid financial market uncertainties

30-year fixed-rate mortgage averaged 2.99% for the week ending Oct. 7, inching down from 3.01% in prior week and above from 2.87% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey. "Unfortunately, with the expectation that both mortgage rates and ho...

LGIH - LGI Homes Announces the Opening of $9 Million Amenity Center at 55+ Community

RIO VISTA, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of the highly anticipated, $9 million amenity center, Club Liberty , at Summit at Liberty , a 55+ community, located in Rio Vista, California. “We are del...

LGIH - LGI Homes Reports September 2021 and Record-Breaking Third Quarter Closings and Announces Date for Third Quarter Earnings Conference Call

THE WOODLANDS, Texas, Oct. 05, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 793 homes in September 2021, compared to 811 homes closed in September 2020. In addition, the Company announced record-breaking quarterly closings of 2,499 during the third quart...

LGIH - LGI Homes Offers Townhomes for Sale at Newest Community in Raleigh

RALEIGH, N.C., Oct. 01, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of Riverwalk, a new community located in Raleigh. Spacious townhomes, an incredible location, and all-included upgrades combine for a unique opportunity for affordable homeown...

LGIH - Meritage Homes: An Overlooked Homebuilder In A Growth Trajectory

MTH's business model as a 100% spec builder and its strategic shift to a pure entry-level player provide the company with a significant competitive advantage to capture the elevated Millennials demand. The 300 community count is attainable and supported by the recent $551 million inve...

LGIH - LGI Homes Expands Terrata Homes Brand into Florida with the Opening of Southern Pines near Jacksonville

HILLLIARD, Fla., Sept. 23, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling its newest community in the Jacksonville, Fla. market, Southern Pines . Southern Pines offers homebuyers a variety of new construction homes with spacious layout...

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