LGI Homes opens The Meadows at Riverside in West Virginia

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Reviewed by
Radhika SScanX News Team
Key Highlights

LGI Homes has launched The Meadows at Riverside in Falling Waters, West Virginia, a community offering six floor plans with three and four bedrooms. Homes range from 1,527 to 2,397 square feet and include the CompleteHome Plus package with upgrades like granite countertops and smart thermostats. The grand opening event on July 11 and 12, 2026, will feature limited-time savings.

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*this image is generated using AI for illustrative purposes only.

LGI Homes has opened The Meadows at Riverside, a new single-family home community in Falling Waters, West Virginia, featuring six floor plans with modern upgrades and included amenities. The grand opening event is scheduled for July 11 and 12, 2026, offering limited-time savings for prospective buyers.

The community is situated between Martinsburg and Hagerstown, providing access to shopping centers like Valley Mall and Crosspoint Shopping Center. Major commuter routes including I-70, I-81 and US-11 are nearby, along with a MARC train station.

Residents will have access to amenities such as walking paths, pickleball courts, a children’s playground, a gazebo, barbecue grills and open green spaces. The location also offers proximity to Falling Waters Waterfalls Park and the Potomac River for outdoor recreation.

Every home includes the CompleteHome Plus package, which comprises granite countertops, tile backsplashes, stainless steel Whirlpool kitchen appliances, designer cabinetry and luxury vinyl plank flooring. Additional features include Wi-Fi-enabled garage door openers, programmable Honeywell thermostats and energy-efficient elements.

The available floor plans include three- and four-bedroom options with attached two-car garages:

Floor Plan Beds Baths Garage Sq. Ft.
Martin 3 2 2-car 1,527
Allen 3 2 2-car 1,656
Birch 3 2.5 2-car 1,742
Craven 4 2.5 2-car 2,397
Davidson 4 2.5 2-car 1,800
Rolen 4 2.5 2-car 2,294

Vice President of Operations Paul DiConsiglio stated that the community is designed to help families achieve homeownership through thoughtfully designed homes and included upgrades.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the proximity to major commuter routes and the MARC train station influence the pricing strategy compared to other LGI communities?

What are the projected absorption rates for the Falling Waters area given the current inventory levels and demand for single-family homes?

Will the success of The Meadows at Riverside prompt LGI Homes to expand further into the West Virginia or Maryland markets?

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LGI Homes reports 8.8% rise in Q2 2026 home closings

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Reviewed by
Jubin VScanX News Team
Key Highlights

LGI Homes, Inc. reported an 8.8% increase in home closings for the second quarter of 2026, totaling 1,440 homes compared to 1,323 in the prior year. June 2026 closings increased 8.5% to 496 homes. The company maintained 151 active selling communities as of June 30, 2026.

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*this image is generated using AI for illustrative purposes only.

LGI Homes, Inc. reported an 8.8% increase in home closings for the second quarter of 2026, closing 1,440 homes compared to 1,323 homes in the second quarter of 2025. The company also closed 496 homes in June 2026, an 8.5% increase from 457 homes closed in June 2025. These figures include currently or previously leased single-family rental homes, which accounted for 75 closings in the second quarter and 29 in June.

As of June 30, 2026, the company maintained 151 active selling communities across its markets. The operational growth underscores the company's continued expansion and demand for its housing inventory.

Second Quarter and June 2026 Performance

The following table details the home closing performance for LGI Homes, Inc. for June and the second quarter of 2026 compared to the prior year:

Period Homes Closed 2026 Homes Closed 2025 Change
June 496 457 8.5%
Second Quarter 1,440 1,323 8.8%

Upcoming Financial Release

LGI Homes plans to release its financial results for the second quarter ended June 30, 2026, before the market opens on Tuesday, August 4, 2026. A conference call to discuss the results is scheduled for 12:30 p.m. Eastern Time on the same day.

Investors can access the live audio webcast through the Investor Relations page of the company's website at www.investor.lgihomes.com . An archive of the webcast will be available for replay for one year following the call.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the inclusion of leased single-family rental homes impact LGI Homes' revenue margins compared to traditional home sales?

What strategies is LGI Homes employing to sustain demand in the current economic climate?

Are there plans to expand the number of active selling communities in the latter half of 2026?

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