LGI Homes, Inc. Reports July 2014 Home Closings

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| Source: LGI Homes

THE WOODLANDS, Texas, Aug. 4, 2014 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced 174 homes closed in July 2014, up from 154 homes closed in July 2013, representing year-over-year growth of 13.0%. July 2013 home closings include those from the Company's pre-IPO joint ventures. At the end of July 2014, the Company had 33 active selling communities compared to 20 active selling communities at the end of July 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