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LGI Homes reports 376 closings in February, expands to 117 communities

EditorNatashya Angelica
Published 03/06/2024, 06:06 AM
© Reuters.
LGIH
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THE WOODLANDS, Texas - LGI Homes , Inc. (NASDAQ: NASDAQ:LGIH), a Texas-based homebuilder, announced it has closed on 376 homes in the month of February. The company, which operates across 21 states in 36 markets, also reported that as of February 29, 2024, it has expanded its operations to include 117 active selling communities.

The company, founded in 2003, has been recognized for its systematic approach to homebuilding, which has contributed to its growth as one of America’s fastest-growing companies. Over the past two decades, LGI Homes has closed over 65,000 homes and has consistently delivered profitable financial results each year.

LGI Homes has earned a reputation for quality construction and customer service, which has been acknowledged by Newsweek's list of the World's Most Trustworthy Companies. The company's commitment to excellence is also reflected in the workplace, with LGI Homes receiving numerous awards, including the Top Workplaces USA 2023 Award.

The company's operational model is geared towards making homeownership attainable for families nationwide. This model has been a cornerstone of LGI Homes' success, as indicated by the steady increase in the number of homes closed and communities active.

The information provided in this report is based on a press release statement from LGI Homes, Inc. The company's focus on expanding its presence and maintaining high standards of construction and customer service continues to be central to its business strategy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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