LGI Homes (LGIH) turned in a solid week, helped by news that its new-home closings jumped 23% in March to 367 homes.
The company has cranked out big growth catering to entry-level homebuyers.
LGI got its start in Texas and still has a strong presence in Houston, San Antonio, Dallas/Fort Worth and Austin, but it’s been rapidly expanding into new markets like Arizona, New Mexico, Georgia, North Carolina, Colorado and Florida.