Houston, Texas – It’s earnings season for the home building industry, and amid the sea of public builder financials currently being reported, results like this stand out in contrast: For the 15th consecutive quarter, LGI Homes, one of the nation’s top 100 single family home builders has achieved profitability.
“Posting financials in the black is a rare occurrence for home builders in the current environment,” said Eric Lipar, CEO of the Houston-based housing and land development company that is achieving gross margins near 30%. “We approach this business in a way that’s very different from other builders. This year, on average, we are generating 135 incoming leads per week, per subdivision. We feel like our unique sales and marketing model has really allowed us to side- step the housing and economic downturn.”
The company is focused on offering quality homes at very affordable prices to the first-time buyer market. According to Lipar, operating under the LGI Homes way gives the company a foundation for success that’s not dependent on creative financing, government stimulus or other unsustainable support. Read the rest of this entry »
“Juan and I are so happy in our new home thanks to you! We wanted to tell you thank you from the bottom of our hearts for all the hard work you did. Thank you for your dedication and working so much to get the best deal available for us and such a low interest rate.”
- Juan & Sydney, LGI Homes homeowners in Fort Worth, Texas
LGI Homes is proud to call Fort Worth, Texas home to its newest community, Deer Creek. In celebration of this new community opening LGI Homes is offering Grand Opening Savings of $5,000 off the price of a new home in this beautiful new community.
At Deer Creek you will find affordable homes built on site starting as low as $689 per month. This community is made up of three, four, and five bedroom homes starting in the low $100s. Every LGI home includes quality appliances, new refrigerator, custom cabinets, fully-fenced backyard, front yard landscaping and an unmatched homeowner warranty. Read the rest of this entry »
Do you have questions about your credit? Ever wonder if you qualify to buy a new home?
LGI Homes is here to help with the introduction of our Credit Counsel Program. Today, people who never thought they could purchase a new home are finding out they can with the help of LGI Homes. At LGI Homes we believe everyone should fulfill the “American Dream” of Homeownership. Our experienced team of New Home Consultants are here to help you make the dream of homeownership a reality. With the LGI Homes Credit Counsel Program you will get free, personalized, confidential and professional service during the home buying process. Read the rest of this entry »
During 2008 and 2009, when the housing industry has struggled due to the economy, LGI Homes has stood out by continuing to provide quality homes at affordable prices to new homebuyers. In 2009 LGI Homes was ranked #68 on Builder Magazine’s 2008 Builder 100. This is up 46 spots from the published 2008 ranking of #114. Special recognition was received at this year’s Builder 100 Conference in Chicago when Eric Lipar, on behalf of LGI Homes, received an award and was recognized as the only Builder in the US to increase sales and revenue for the last three consecutive years.
Additional notable awards recently received by the LGI group of companies include:
Inc. 500 magazine recently listed LGI Development in their 2009 list of fastest growing private companies in the US, for the third year in a row.
Professional Builder Magazine also listed LGI Homes in their 2009 Builder 400 list which celebrates the top 400 Builders nationwide, 5 years in a row.
With communities located in Houston, Fort Worth, and San Antonio, you are sure to find the perfect home. For more information on our communities and available homes, visit www.lgihomes.com today.
The $8,000 First-Time Homebuyer Tax Credit is a great deal for those looking to buy their first home. However, you need to act now before this amazing deal expires.
The U.S. Congress will officially end the First-Time Homebuyer Tax Credit program on November 30th, 2009. This might seem far away, but with tightening credit requirements and high demand it may take longer to get a loan approved. Typical loans take up to 30 days to process, so anyone interested in taking advantage of the $8,000 tax credit needs to have their new home under contract by October 31st of 2009. This is only a few weeks away!!
In addition to the generous offer from Uncle Sam, 1st-time buyers can also take advantage of mortgage interest rates that are at historic lows. With Mortgage Rates below 5% and a tax credit worth up to $8,000 there has never been a better time to buy a home!
If you are considering the purchase of a new home, the time to act is now!
With over 100 homes currently in inventory in the Houston, San Antonio, and Fort Worth areas, LGI Homes has the perfect home, move-in ready, so you can take advantage of this great opportunity.
Research shows that 80% of homebuyers do their initial shopping online. There are tons of builders out there and an abundance of information online, some useful and some not so useful. We realize that purchasing your first home is an exciting and sometimes stressful process and at LGI Homes we want to help make this an enjoyable experience from start to finish.
We are pleased to announce the launch of our new website with the unveiling of our new homepage. Over the next month www.LGIHomes.com will be undergoing some changes and updates all with you in mind to help you find the perfect home to fit your needs and lifestyle.
Whether you are looking for a home in N. Houston, S. Houston, San Antonio or Fort Worth, LGI Homes has the perfect place for you. Qualifying for a home is easier than you think. Combining $8,000 Tax Credit and our easy No Money Down financing option you can quickly move into a beautiful new community. At LGI Homes our focus is “dream fulfillment.” We have made it our number one priority to simplify the buying process and stand by our customers every step of the way. Our expert team of dedicated professionals offers peace of mind so you can truly enjoy the realization of owning a new home.