Are builders buying again? Meritage Homes (MTH) just bought 80 finished lots at an 81% discount...

|About: Meritage Homes Corporation (MTH)|By:, SA News Editor

Are builders buying again? Meritage Homes (MTH) just bought 80 finished lots at an 81% discount in Arizona. Not a trend yet, says MTH, as values continue to drop. But CFO Larry Seay thinks with "innovative new financing structures, we could potentially tie up a lot of land with relatively little investment."