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LGIH News and Press, LGI Homes Inc. From 12/13/21

Stock Information

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

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LGIH - Welcome to the First Inning of the 10-Year Housing Boom

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The housing market is on fire . Source: Shutterstock Just two weeks ago, the S&P CoreLogic Case-Shiller Home Price Index showed that U.S. home prices set another record in September, rising nearly 20% year-...

LGIH - Timber REITs: Renewable Dividends

Across the land, there are few better inflation hedges than land itself. Timber REITs own nearly 30 million acres of land, more acreage than the smallest U.S. five states combined. Truly an "organic growth" sector, Timber REITs - which were initially slammed at the outside of the pand...

LGIH - LGI Homes, Inc. Appoints Shailee Parikh to its Board of Directors

THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021. As Global Head of Strategy and Solution Development for Health Solutions...

LGIH - LGI Homes Reports November 2021 Home Closings

THE WOODLANDS, Texas, Dec. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 797 homes in November 2021. The Company ended the first eleven months of 2021 with 9,438 home closings, a 22.4% increase over 7,709 home closings during the first eleven months o...

LGIH - LGI Homes Expands Atlanta Presence with Opening of a New Community in Macon, Georgia

ATLANTA, Dec. 01, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced their expansion into Macon, Georgia with the opening of its newest community, Bridgewood Coves . Located approximately 80 miles south of Atlanta, LGI Homes at Bridgewood Coves is centrall...

LGIH - Mortgage rates inch higher to crawl slightly above 3%

Driven by rising inflation and consumer spending, 30-year fixed-rate mortgage averaged 3.1% with an average 0.7 point for the week ending Nov. 18, 2021, up from last week when it averaged 2.98% and higher than year ago the 30-year FRM averaged 2.72%, according to the Freddie Mac Pri...

LGIH - LGI Homes Offers Upgraded Homes on Acreage Lots in Atlanta

ATLANTA, Nov. 17, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its newest community in the Atlanta market, Stone Crest Estate. Priced from the low-$300s, this new construction neighborhood provides the space and upgrades that families desire wit...

LGIH - Mortgage rates go below 3% amid the recent bond rally

"Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week," Freddie Mac's chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 2.98% with an average 0.7 point for the week ending November 11, 2021, do...

LGIH - LGI Mortgage Solutions, joint venture between loanDepot and LGI Homes, Now Serving Customers in Arizona, Colorado and Florida

LGI Mortgage Solutions, joint venture between loanDepot and LGI Homes, Now Serving Customers in Arizona, Colorado and Florida PR Newswire FOOTHILL RANCH, Calif. , Nov. 4, 2021 /PRNewswire/ -- LGI Mortgage Solutions, the joint venture formed by loanDepot, the...

LGIH - Mortgage rates fall but future upticks expected

“While mortgage rates fell after several weeks on the rise, we expect future upticks due to stronger economic data and as the Federal Reserve pulls back on its stimulus,” said Sam Khater, Freddie Mac’s Chief Economist. 30-year fixed-rate mortgage averaged 3.09% with an av...

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