Meritage Homes CorporationScottsdale, AZ, United States (NYSE: MTH)

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Meritage Homes Company Description

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.

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The Company Description provides a historical perspective of Meritage Homes's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Meritage Homes's evolution in the marketplace.

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