Meritage Homes Corporation is a designer and builder of single-family attached and detached homes based on the number of home closings. The Company builds in the western and southern United States and offers a variety of homes that are designed to appeal to a range of homebuyers, including first-time, move-up, active adult and luxury. It has operations in three regions: West, Central and East, which consists of seven states, including Arizona, California, Nevada, Texas, Colorado, Florida, and North Carolina. These three regions are its principal business segments. In April 2011, it entered in to the Raleigh-Durham, North Carolina market. The Company�s homebuilding and marketing activities are conducted primarily under the Meritage Homes brand, except for Arizona and Texas where it also operate under the name Monterey Homes. Effective September 4, 2013, Meritage Homes Corp, acquired Phillips Builders Inc from Beazer Homes USA Inc.