LGI Homes Achieves Significant Milestone of 50,000th Home Closing Since Inception

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THE WOODLANDS, Texas, June 28, 2021 (GLOBE NEWSWIRE) – LGI Homes, Inc. (NASDAQ: LGIH) today announced the closure of the company’s 50,000th home since it was founded in 2003.

“Right from the start, our focus has been on making our customers’ dreams of owning a reality come true,” said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. “We are pleased to announce that we have moved our 50,000th family into an LGI house. This is a monumental event and we could not have achieved this important milestone without the dedication and dedication of our talented people and preferred partners. “

Since 2003, LGI Homes has expanded its operations to 35 markets in 19 states and focuses on building high quality homes at affordable prices. Driven by the commitment to its customers and the desire to make living dreams come true, LGI offers innovative designs with modern conveniences to bring joy to customers across the country.

LGI Homes continues to innovate and focus on bringing quality homes at affordable prices to first-time buyers across the country. One of the hallmarks of the company is the integration of all upgrades into every home, and in 2019 LGI supported this commitment by introducing its CompleteHome ™ and CompleteHome Plus ™ interior packages. These packages added even more modern finishes and premium upgrades such as stainless steel Whirlpool® appliances, granite or quartz worktops, undercounter sinks and Moen® faucets to every LGI home. Today, LGI continues to focus on customer expectations by adding energy efficient features like WaterSense plumbing fixtures, double-glazed Low-E windows, ENERGY STAR appliances, LED lighting and integrated technology offerings like a programmable thermostat, USB compatible socket in the kitchen and WiFi-enabled garage door openers in every house.

Lipar continued, “Our company continues to deliver on its promises of exceptional customer service and superior quality. We have streamlined our building process to meet the needs of our target customer segment, with convenience, comfort and affordability at the forefront of our product offering. In addition, our simplified buying process enables our customers to realize their dreams of owning a home with ease. This dedication to our customers, coupled with an intense focus on operational efficiency, has fueled LGI’s rapid growth and has enabled our company to consistently deliver industry-leading financial performance. We are proud of our achievements as an organization and this latest milestone is one of many successes that we will celebrate on our way to becoming one of the top 5 home builders. “

About LGI Homes, Inc.

LGI Homes, Inc., headquartered in The Woodlands, Texas, designs, builds and sells homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, and Pennsylvania. As of 2018, LGI Homes has been the 10th largest home builder in the United States based on closed units. The company can look back on a remarkable tradition of more than 18 years of residential construction, during which it has closed more than 50,000 houses. For more information about the company and its new build projects, please visit the company’s website at www.lgihomes.com.

MEDIA CONTACT:

Rachel Eaton

(281) 362-8998 ext. 2560

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d212d867-7cc2-4b93-b4a9-e8420a62472d.

LGI Homes achieves significant milestone in the 50,000th house closure since its inception

LGI Homes is proud to announce that the 50,000th family has moved into a new home.

Source: LGI Homes, Inc.