Profile: Meritage Homes Corp (MTH.N)
21 Feb 2017
Meritage Homes Corporation, incorporated on May 26, 1988, operates as a holding company. The Company is a designer and builder of single-family detached homes. The Company operates in two segments: homebuilding and financial services. The Company offers a range of homes that are designed to offer to a range of homebuyers, including first-time, move-up, active adult and luxury.
The Company has homebuilding operations in over three regions: West, Central and East, which include approximately nine states. The West region includes Arizona, California and Colorado; Central region includes Texas, and the East region includes Florida, Georgia, North Carolina, South Carolina and Tennessee. The Company's homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer services. The Company's homebuilding and marketing activities are conducted under the Meritage Homes brand, other than in Tennessee, where it operates under the Phillips Builders brand, and in the Atlanta and Greenville markets, where it operates under the Legendary Communities brand. The Company also operates as Monterey Homes in some markets. The Company sold homes in approximately 250 communities.
The Company has no independent assets or operations. Its homebuilding construction, development and sales activities are conducted through its subsidiaries. The Company also operates a title company, Carefree Title Agency, Inc. (Carefree Title). Carefree Title's core business includes title insurance and closing/settlement services that the Company offers to its homebuyers.
Meritage Homes Corp
8800 E Raintree Dr Ste 300
SCOTTSDALE AZ 85260-3966