LGI Homes, Inc. Reports April 2014 Home Closings

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| Source: LGI Homes

THE WOODLANDS, Texas, May 2, 2014 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 191 homes closed in April 2014, up from 132 homes closed in April 2013, representing year-over-year growth of 44.7%. April 2013 home closings include those from the Company's pre-IPO joint ventures. At the end of April 2014, the Company had 29 active selling communities compared to 18 active selling communities at the end of April 2013.

About LGI Homes, Inc.

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design and construction of homes in Texas, Arizona, Florida, Georgia and New Mexico. LGI's core markets include Houston, San Antonio, Dallas/Fort Worth, Austin, Phoenix, Tampa, Orlando, Atlanta, Tucson and Albuquerque. For more information about the Company and its new home developments, please visit the Company's website at www.LGIHomes.com.

Investor Relations

Taylor Renberg, (281) 210-2619