LGI Homes announced a 19.8% year-over-year increase in closings for September. It closed 363 homes after achieving 303 home closings in September 2015.
LGI also announced quarterly home closings of 1,052 for the third quarter of 2016, finishing out the first nine months of the year with 3,024 home closings. That was a 23.0% increase over its 2,458 home closings during the first nine months of 2015.
As of the end of September 2016, the Company had 59 active selling communities. LGI builds in Arizona, Texas, New Mexico, Colorado, Georgia, North Carolina, Tennessee, Washington, and Florida
