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LGI Homes, Inc. Reports October 2014 Home Closings

THE WOODLANDS, Texas, Nov. 4, 2014 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 241 homes closed in October 2014, up from 127 homes closed in October 2013, representing year-over-year growth of 89.8%. October 2013 home closings include those from the Company's pre-IPO joint ventures. At the end of October 2014, the Company had 37 active selling communities compared to 22 active selling communities at the end of October 2013.

About LGI Homes, Inc.

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design and construction of homes in Texas, Arizona, Florida, Georgia, New Mexico and North Carolina. LGI's core markets include Houston, San Antonio, Dallas/Fort Worth, Austin, Phoenix, Tampa, Orlando, Atlanta, Tucson, Albuquerque and most recently Charlotte. For more information about the Company and its new home developments, please visit the Company's website at www.LGIHomes.com.

CONTACT: Investor Relations Taylor Renberg, (281) 210-2619 InvestorRelations@LGIHomes.comSource:LGI Homes