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LGI Homes, Inc. Reports February 2016 Home Closings

THE WOODLANDS, Texas, March 03, 2016 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 245 homes closed in February 2016, up from 220 home closings in February 2015, representing year-over-year growth of 11.4%. As of the end of February 2016, the Company had 55 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.

Investor Relations Caitlin Stiles, (281) 210-2619 InvestorRelations@LGIHomes.com

Source:LGI Homes Inc.