Homes

UMH sells 105 homes during second quarter

JamesBrey/E+ via Getty Images UMH Properties (NYSE:UMH) on Wednesday said it sold 105 homes, of which 35 were new home sales, during the second quarter. During Q2, it converted 144 new homes from inventory to revenue generating rental homes. UMH now owns about 10,100 rental homes with an occupancy rateContinue Reading

LGI Homes reports 52.8% Q/Q growth in home closings for Q2; June home closings of 571

In: Finance

Andrii Yalanskyi/iStock via Getty Images Homebuilder LGI Homes (NASDAQ:LGIH) on Wednesday said it had closed 571 homes in June, compared to 579 homes closed in May. For Q2, LGIH said it closed 1,655 homes, up 52.82% from the 1,083 homes closed in Q1 2024. The company said as of June 30, it had 128 active selling communities, down by two from May.Continue Reading

UMH sells 105 homes during second quarter

LGI Homes reports 52.8% Q/Q growth in home closings for Q2; June home closings of 571

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