THE WOODLANDS, TX, Aug. 06, 2011 --(PR.com)-- LGI Homes is pleased to announce that July was a record breaking month for residential closings. With a previous closing record of 56 in October of 2010, LGI Homes reached 57 closings on new homes in July 2011, an all-time high for the homebuilder. Currently, LGI Homes is ranked 58th by Builder Magazine among America’s Largest Builders.
While LGI continues to increase sales, the Census Bureau recently reported that new home sales in fact, fell 1% in June. In Houston alone, research firm Metrostudy reported builders closed 23% less homes in the last quarter than from a year earlier, while LGI actually increased closings by 43%.
Since 2009, LGI Homes has increased closings every year and 2011 is looking to be no different.
Recently, Chief Executive Officer Eric Lipar (top right photo) was reported saying to The Wall Street Journal, “It’s going pretty well for us, but we’re probably the exception.” Many builders would agree that LGI Homes is the exception and Eric says, “Our focus is on our people and our marketing. That is what makes us different.”
LGI spends time with every buyer who walks in the door and will do whatever it takes get them qualified to purchase a new home; this means sometimes spending months with a customer to bump up their credit score or get them used to the idea of owning their own home.
LGI Homes is on the fast track for growth. Along with Houston, Dallas and San Antonio, expanding to Austin and Phoenix will mean LGI will be selling in four of the fifteen healthiest markets according to the March edition of Builder Magazine.
Contact:
LGI Homes, Alison Feazell, 281 362 8998, afeazell@lgihomes.com
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