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In October 2014, the company purchased Oakmont Home Builders and expanded into North Carolina, South Carolina. [19] In 2015, LGI Homes expanded into Jacksonville, Florida, and Seattle, Washington. [20] In 2016, LGI Homes was named ProBuilder’s ‘Builder of the Year;’ [20] the company was active in 16 markets and 10 states. [20] [21]
Those still built today have usually been individual custom houses. One exception is a tract of ranch-style houses built on and adjacent to Butte Court in Shafter, California, in 2007/08. These houses borrowed their style cues from the 1950s Western-styled ranch houses, with board and batten siding, dovecotes, large eaves, and extensive porches.
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The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
Levittown houses in 1958. After World War II, America's post-war prosperity and baby boom had created a crisis of affordable housing, [1] especially for returning veterans. . Levitt & Sons chose an area known as Island Trees near Hempstead, Long Island, as the site for a huge building project for housing these vete
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