LGI Homes New Homes for Sale in California
LGI Homes, founded in 2003 with the creation of Summerset Estates in Conroe, Texas, quickly grew to become a top national homebuilder. The company took significant strides in growth, expanding to Phoenix in 2012 and becoming a publicly traded company on the NASDAQ in 2013, allowing further expansion to over 100 communities in 20 states. Recognized for a unique commitment to affordable homeownership, LGI Homes was named Builder of the Year in 2016 by Professional Builder Magazine and broke into the top ranks of homebuilders, ranking as the 10th largest in 2019. The company also achieved recognition as one of Fortune Magazine’s Fastest-Growing Companies in 2018 and closed its 50,000th home in 2021. LGI Homes’ integrity and ethical behavior led to being named one of America’s Most Trustworthy Companies by Newsweek in 2022 and 2023. Central to their success is their people-focused culture, and they take pride in being a fantastic place to work, reflecting their belief that happy employees lead to better products and experiences.
Renowned for its surf culture, national parks, and wine country, California, one of the largest states in terms of land and population, is home to over 39.51 million people. Its immense size, comparable to Germany, and diverse natural landscapes from dense redwood forests to cliff-lined beaches and hot deserts, necessitate reliance on cars for travel given the significant spread between cities. However, this comes with the challenge of high traffic and long commutes. California has one of the highest costs of living in the US, almost 50% more expensive than the national average due to its size, population, environmental regulations, and high housing, gas, utilities, and grocery costs. Cities like San Francisco and Silicon Valley have some of the highest real estate prices in the country. A housing shortage since 1970 has further exacerbated the situation, with home prices in the state being 2.5 times higher than the national average. Despite these challenges, California remains a state of opportunity, boasting the largest economy in the US, and offering diverse job opportunities in sectors such as film and TV, agriculture, tourism, healthcare, hospitality, and technology, hosting headquarters of major corporations like Apple, Google, and Netflix.