LGI Homes reports strong second-quarter results

August 9, 2016 2:19 PM

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LGI Homes reports strong second-quarter results

Headquartered in The Woodlands, Texas, LGI Homes builds in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington and Tennessee.

Posting sharp increases in home closings and sales prices, LGI Homes reported revenue from home sales of $222.7 million in the second quarter, a 40 percent jump over the same period a year ago.

Also read: Americans buy existing homes at fastest pace in a decade

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