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LGI Homes Opens New Community in Stockton, California

1. LGI Homes opens Ligurian Village in Stockton, CA. New community launch. 2. Community offers affordable three- to five-bedroom homes. Built-in upgrades included. 3. Location near major highways, schools, and amenities. Convenience emphasized. 4. Homes priced from the $440s boost buyer appeal. Move-in ready options available.

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FAQ

Why Bullish?

The launch of Ligurian Village signals revenue expansion and increased market presence. Similar past community launches have driven positive sentiment in the homebuilding sector.

How important is it?

The announcement directly expands LGI Homes’ portfolio and revenue sources, making it a significant, though not transformational, development. The news is highly relevant and timely for investors.

Why Short Term?

Investor sentiment and immediate sales momentum are expected in the near term following the announcement. Immediate community openings often lead to a short-term uplift in sales figures.

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LENDHIDRH
February 24, 2025 08:00 ET  | Source: LGI Homes, Inc. STOCKTON, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is pleased to announce the grand opening of Ligurian Village, a brand-new community located in Stockton, California. Offering a selection of affordable new homes with built-in upgrades, Ligurian Village provides homebuyers with a simplified and budget-friendly path to homeownership. Ligurian Village features brand-new three-, four-, and five-bedroom homes designed with spacious, open layouts. Each home includes LGI Homes’ CompleteHome™ package, offering sought-after upgrades such as Whirlpool® kitchen appliances, granite countertops, modern plank flooring and more—all included in the base price. Located less than five miles from downtown Stockton, Ligurian Village offers residents convenient access to excellent schools, dining, shopping and outdoor activities. The community is situated near I-5 and CA-99, providing easy access to surrounding areas, including major employers, medical care and local attractions. “We really love this community. It is very family oriented and has such a small-town feel, which is a surprise since it’s tucked away in such a big city,” stated Jeanine Roach, Vice President of Sales for Northern California. The community also offers a variety of exciting outdoor recreation options nearby. With over 15 parks within a 10-mile radius, residents can enjoy Sousa Park, Victory Park, and Stribley Park and Community Center. Other activities include catching a movie at Regal Stockton City Center or exploring the vibrant downtown Stockton area. Homes at Ligurian Village are priced from the $440s, with move-in ready opportunities available. To learn more or schedule a tour, interested buyers can call (855) 617-6928 ext. 412 or visit LGIHomes.com/LigurianVillage. About LGI Homes Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2024 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com. MEDIA CONTACT:Rachel Eaton(281) 362-8998 ext. 2560 A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7134e12-41c6-4684-8105-b556b2669af9 The Stinson Plan by LGI Homes at Ligurian The Stinson Plan by LGI Homes at Ligurian features five bedrooms, three bathrooms, and a spacious fa...

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