LGI Homes Reports October 2020 Home Closings
November 04 2020 - 5:41PM
LGI Homes, Inc. (NASDAQ: LGIH) today announced 818 home closings in
October 2020, up from 715 home closings in October 2019,
representing year-over-year growth of 14.4%. In addition, the
Company ended the first ten months of 2020 with 6,749 home
closings, a 14.6% increase over 5,890 home closings during the
first ten months of 2019.
As of the end of October 2020, the Company had
111 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI
Homes, Inc. engages in the design, construction and sale of homes
in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North
Carolina, South Carolina, Washington, Tennessee, Minnesota,
Oklahoma, Alabama, California, Oregon, Nevada, West Virginia and
Virginia. Since 2018, LGI Homes has been ranked as the 10th largest
residential builder in the United States based on units closed. The
Company has a notable legacy of more than 17 years of homebuilding
operations, over which time it has closed more than 40,000 homes.
For more information about the Company and its new home
developments, please visit the Company’s website at
www.lgihomes.com.
CONTACT:Joshua D. FattorVice President of
Investor Relations(281) 210-2619investorrelations@lgihomes.com
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