LGI Homes
LGI Homes Company Logo
Founded in 2003, LGI Homes is the 57th largest home builder in the nation. Most of the homes built by LGI Homes are concentrated in the Southwestern part of the United States, where the company is among the top builders in the region.
LGI Homes is known for developing affordable, entry-level homes with the luxuries and features of more expensive builders at a price that first-time homeowners can afford. First-time buyers make up nearly 50% of LGI’s clientele, though experienced buyers are also represented in every community.
| Dallas / Ft. Worth North Fort Worth Chisholm Springs Fort Worth Deer Creek |
Greater Houston Baytown West Meadows Northwest Houston Mallard Crossing Pearland Sterling Lakes Sugar Land Sunrise Meadow Spring Creekside Village |
 Sterling Lakes in Pearland, TX (Greater Houston) |
LGI Homes builds their communities in close proximity to major metropolitan cities, where buyers enjoy a short commute to the city, without having to live in an urban area. This buyer preference has contributed to LGI Homes’ success; during the housing market crash of 2008, LGI Homes was one of the few builders to flourish while other companies floundered.
LGI Homes requires its sales associates to complete a 100 day training program prior to working with customers. This approach has made LGI Homes’ sales team one of the most highly-trained sales teams in the industry. LGI Homes is also known for their affordable mortgage plans, which enable home buyers to pay roughly the same amount or less each month to own a home, as they currently pay to rent. Each community office employs a highly-trained mortgage consultant to work with potential buyers.
LGI Homes has been recognized for their achievements in building by a number of publications and organizations. In 2008, Builder Magazine named LGI Homes the fastest growing private company in the country. LGI Homes has a current rating of A+ through the Better Business Bureau, thanks to building quality homes and providing buyers with quality customer service. In 2010, J.D Powers and Associates recognized LGI Homes as number one in new-home quality among Houston-area homebuilders.
LGI Homes Quick Facts
Status: Private
Chief Executive Officer: Eric Lipar
2009 Builder 100 Rank: 57
2009 Total Closings: 433*
2009 Revenue: $56 Million*
Home-type: Entry-level
Corporate Headquarters: The Woodlands, Texas
URL: www.lgihomes.com
*Source: LGI Homes Profile – 2009 Builder 100 – builderonline.com