What does Meritage do?

Meritage Homes Corporation is a publicly traded homebuilding company based in Scottsdale, Arizona. Founded in 1985, it specializes in designing, constructing, and selling energy-efficient single-family homes, primarily targeting entry-level and first move-up buyers. With a history of delivering over 200,000 homes, Meritage ranks as the fifth-largest public homebuilder in the U.S. based on 2024 home closings. The company constructs a variety of homes, including single-family detached houses and active adult communities, all meeting ENERGY STAR standards. Meritage emphasizes affordability and energy efficiency, offering homes with advanced air filtration and net-zero energy options. It operates in three segments across the U.S. and utilizes a spec-building strategy to facilitate quick move-ins. The company has received multiple awards for its commitment to energy efficiency and sustainable building practices.