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LGI Homes, Inc. Reports November 2014 Home Closings

THE WOODLANDS, Texas, Dec. 2, 2014 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 165 homes closed in November 2014, finishing out the first eleven months of 2014 with a total of 2,110 homes closed. This is a 50.4% increase over the 1,403 homes closed in the first eleven months of 2013. 2013 home closings include those from the Company's pre-IPO joint ventures. At the end of November 2014, the Company had 38 active selling communities compared to 24 active selling communities at the end of November 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