We invite you out to meet your neighbors. Bring your family and friends. There will be food, raffles, and a moon walk and costume contest for the kids.
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:
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.
$8,000 First Time Homebuyer Tax Credit Video (Spanish Version)
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.
By: John Caulfied, Builder Magazine
During the luncheon, BUILDER also recognized LGI Homes of Conroe, Texas, as the industry’s fastest-growing private company in 2008. Eric Lipar, LGI’s president, gave a rousing acceptance speech, in which he pointed out that company’s aggressive sales and marketing efforts are bearing fruit even in this difficult year: it has averaged 70 home sales per month, and just last weekend, the builder received 450 calls from interested prospects. During Mother’s Day, LGI Homes’ three sales offices in Houston and San Antonio were visited by more than 100 customers.
“We’re really a sales and marketing company that sells houses,” Lipar said. “We sell directly to the consumer [last year, only nine of its 475 closings were attributable to real estate agents], spend an hour with them, and pull their credit histories before they are shown a house.”
It also keeps the process moving by strategic use of specs. With more than 100 completed spec homes on the ground, LGI can “move [a buyer] in 30 days,” Lipar said.
As a result, the builder is continuing to buy land and market its offerings. Lipar said that his company just signed a contract for 700 lots in the Dallas-Fort Worth area, and over the last two weeks, it has sent out 11,000 direct-mail pieces to prospects, at a cost of only $3,000 for the mailing. “So far, we’ve gotten 127 calls—for a $3,000 investment,” he noted.
In the current market, such success stands out. As Dugas followed Lipar to the podium, the Pulte CEO paid what might have been the greatest business complement to the LGI Homes leader as he playfully asked Lipar: “Is your company for sale?”
Mike Snider likes to say that LGI Homes, where he’s executive vice president of home building, does “everything the opposite of other builders.”
That contrariness has been paying dividends for the Conroe, Texas–based company, whose officers claim is the only production builder among the top 200 that increased its revenue and closings in each of the last three years.
LGI has a unique business model that favors spec building, targets local renters, and follows leads with a highly trained salesforce. The company expects to break records for dollars and unit sales again in 2009 and is raising capital to expand beyond its two subdivisions in Houston and one in San Antonio. “There’s no reason why, in the Texas market, we can’t go to five, eight, 10 communities, take the LGI way of selling there, and be phenomenally successful,” says Eric Lipar, the builder’s president.
That confidence, in the face of a housing recession, would be laughable if it weren’t for LGI’s track record in recent years. Lipar’s father founded LGI Homes in 1995 as a land developer specializing in acreage home sites located 45 to 60 miles outside of urban centers. It continues in that business today, but five years ago its owners decided to take that business model into entry-level housing. A year later, it hired Snider, a former project manager at Tadian Homes in Michigan, whose training has focused on environmental sciences and land-use planning. Read the rest of this entry »
