Meritage Homes Corporation · Scottsdale, AZ United States ·(NYSE: MTH)

Meritage Homes builds homes worthy of merit. The company sells about 5,500 homes in a year. It typically constructs single-family homes targeted at first- and second-time homebuyers, as well as the luxury market. Prices range from about $100,000 to more than $1 million and average about $325,000. Meritage Homes controls roughly 15,000 lots and most often builds in one of more than 200 master-planned communities in Arizona, California, Colorado, Florida, Nevada, and Texas. Homes are sold under the Meritage Homes brand, as well as Monterey Homes (in Arizona and Texas) and Legacy Homes (in Texas). The company also develops active-adult communities. To read the full description, subscribe now.