Here’s the update from last month:
JAN 172 result in
FEB 224 result in
MAR 365 result in
APR 365 result in
MAY 523 result in (452 was forecast so +71)
JUN 623 result in (457 was forecast so +166)
JUL 591 result in (462 was forecast so +129)
AUG 596 result in (467 was forecast so +123)
SEP 542 result in (473 was forecast so +69)
OCT 478 my forecast
NOV 483 my forecast
DEC 488 my forecast
TOTAL 5392 (original forecast was 4886 so +506)
JAN 172 result in
FEB 224 result in
MAR 365 result in
APR 365 result in
MAY 523 result in (452 was forecast so +71)
JUN 623 result in (457 was forecast so +166)
JUL 591 result in (462 was forecast so +129)
AUG 596 result in (467 was forecast so +123)
SEP 542 result in (473 was forecast so +69)
OCT 531 result in (478 was forecast so +53)
NOV 483 my forecast
DEC 488 my forecast
TOTAL 5445 (original forecast was 4886 so +559)
So there are 2 months to go. I would say that LGIH will likely close a total of around 5600 homes for 2017. Earnings will be announced this coming week on November 7th.
Chris