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LGI Homes, Inc. Reports January 2016 Home Closings

THE WOODLANDS, Texas, Feb. 03, 2016 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 232 homes closed in January 2016, up from 153 home closings in January 2015, representing year-over-year growth of 51.6%. As of the end of January 2016, the Company had 54 active selling communities.

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 Denver. The Company has a notable legacy of more than 12 years of homebuilding operations, over which time it has closed over 12,000 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.