# LGI Homes Narrows 2026 Closing Forecast to 4,600–4,800 Homes By John Kim Canonical URL: https://www.tokenpost.com/news/business/48374 Published: 2026-11-04T09:09:43.000Z Updated: 2026-11-04T09:09:43.000Z Section: Business > Third-quarter net orders fell to 609 homes, while total home closings rose by more than 10% from a year earlier. On Nov. 3, LGI Homes, Inc. narrowed its 2026 home-closing forecast to 4,600–4,800 homes after third-quarter net orders fell amid stretched affordability. The homebuilder now expects 4,600–4,800 closings for the year. Third-quarter net orders fell to 609 homes. Closings moved in the opposite direction: LGI recorded 1,222 total home closings, a gain of more than 10% from a year earlier. LGI ended September with 685 homes in backlog valued at $273.7 million. The third-quarter cancellation rate was 53.8%. The revised outlook follows [PulteGroup’s cut to its 2026 home-closing forecast]() in October. PulteGroup lowered both ends of its range by 1,500 homes, to 27,000–27,500, after its third-quarter closings fell 9% from a year earlier. ## Links in this article - [PulteGroup’s cut to its 2026 home-closing forecast](https://www.tokenpost.com/news/business/38867)