LGI Homes Opens First Community in Oregon

LGI Homes, Inc. (Nasdaq:LGIH) today announces the opening of its first community in the state of Oregon, Bear Creek. This new 128-lot development, located southeast of Portland, exemplifies the national homebuilder’s plans for expansion in 2018 and beyond.

LGI Homes is actively selling the Henry floor plan in the Portland market

Priced from the $270s, Bear Creek offers a variety of one- and two-story homes in a picturesque setting conveniently located near schools, shopping and entertainment. The move-in ready homes come standard with over $10,000 worth of upgrades, including a full suite of kitchen appliances, durable vinyl plank flooring, fenced backyards and more. With 2- to 5-bedroom plans ranging in size from 1,035 square feet to over 2,500 square feet, the homes at Bear Creek offer stylish and efficient layouts equipped with extras such as walk-in kitchen pantries, breakfast islands, flex rooms and mudrooms in select plans.

Residents at Bear Creek will enjoy convenient, family-friendly amenities, inside and outside of the community. The Bear Creek development includes several open green space areas throughout the community, as well as a community park with a playground, picnic area and walking paths, projected for completion in 2018. Additionally, the local elementary and middle schools are within walking distance from the community, and a multitude of recreational options lie minutes from Bear Creek at area state parks, golf courses and wineries.

LGI Homes invites prospective Oregon homebuyers to discover Bear Creek, where LGI Homes offers quick move-in opportunities and zero down financing options for qualified buyers. To schedule an appointment at Bear Creek, please call [phone] ext. 2600 or visit www.LGIHomes.com for more information.

About LGI HomesHeadquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota and Oklahoma. The Company has a notable legacy of more than 15 years of homebuilding operations, over which time it has closed over 24,000 homes. For more information about the Company and its new home developments please visit the Company’s website at www.LGIHomes.com.

MEDIA CONTACT: Rachel Eaton [phone] ext. 2560

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b37187cf-1531-495c-b97f-7ab2b3d49ed5