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LGI Homes, Inc. Reports October 2015 Home Closings

THE WOODLANDS, Texas, Nov. 03, 2015 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 264 homes closed in October 2015, up from 241 homes closed in October 2014, representing year-over-year growth of 9.5%. In addition the Company announced 2,722 homes closed for the first ten months of 2015, a 39.9% increase over the 1,945 homes closed during the first ten months of 2014.

At of the end of October 2015, the Company had 52 active selling communities compared to 37 active selling communities at the end of October 2014.

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 and South Carolina. LGI's core markets include Houston, San Antonio, Dallas/Fort Worth, Austin, Phoenix, Tucson, Tampa, Orlando, Atlanta, Albuquerque, Charlotte and most recently Denver. The Company has a notable legacy of more than 12 years of homebuilding operations, over which time it has closed over 11,000 homes. 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.com

Source:LGI Homes Inc.