FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Sferruzza Hilla
 2. Date of Event Requiring Statement (Month/Day/Year)
03/03/2010		 3. Issuer Name and Ticker or Trading Symbol
Meritage Homes CORP [MTH]
(Last)
(First)
(Middle)
17851 NORTH 85TH STREET, SUITE 300		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SCOTTSDALE, AZ 85255		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
MTH COMMON STOCK (1) 5,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
MTH COMMON STOCK 08/21/2007 08/21/2013 MTH COMMON STOCK 300 $ 40.25 D  
MTH COMMON STOCK 08/21/2008 08/21/2013 MTH COMMON STOCK 300 $ 40.25 D  
MTH COMMON STOCK 08/21/2009 08/21/2013 MTH COMMON STOCK 300 $ 40.25 D  
MTH COMMON STOCK 08/21/2010 08/21/2013 MTH COMMON STOCK 300 $ 40.25 D  
MTH COMMON STOCK 08/21/2011 08/21/2013 MTH COMMON STOCK 300 $ 40.25 D  
MTH COMMON STOCK 01/29/2008 01/29/2014 MTH COMMON STOCK 400 $ 42.82 D  
MTH COMMON STOCK 01/29/2009 01/29/2014 MTH COMMON STOCK 400 $ 42.82 D  
MTH COMMON STOCK 01/29/2010 01/29/2014 MTH COMMON STOCK 400 $ 42.82 D  
MTH COMMON STOCK 01/29/2011 01/29/2014 MTH COMMON STOCK 400 $ 42.82 D  
MTH COMMON STOCK 01/29/2012 01/29/2014 MTH COMMON STOCK 400 $ 42.82 D  
MTH COMMON STOCK 12/11/2009 12/11/2014 MTH COMMON STOCK 700 $ 15.98 D  
MTH COMMON STOCK 12/11/2010 12/11/2014 MTH COMMON STOCK 700 $ 15.98 D  
MTH COMMON STOCK 12/11/2011 12/11/2014 MTH COMMON STOCK 700 $ 15.98 D  
MTH COMMON STOCK 12/11/2012 12/11/2014 MTH COMMON STOCK 700 $ 15.98 D  
MTH COMMON STOCK 02/05/2010 02/05/2016 MTH COMMON STOCK 1,500 $ 14 D  
MTH COMMON STOCK 02/05/2011 02/05/2016 MTH COMMON STOCK 1,500 $ 14 D  
MTH COMMON STOCK 02/05/2012 02/05/2016 MTH COMMON STOCK 1,500 $ 14 D  
MTH COMMON STOCK 02/05/2013 02/05/2016 MTH COMMON STOCK 1,500 $ 14 D  
MTH COMMON STOCK 02/05/2014 02/05/2016 MTH COMMON STOCK 1,500 $ 14 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sferruzza Hilla
17851 NORTH 85TH STREET, SUITE 300
SCOTTSDALE, AZ 85255		       Chief Accounting Officer  

Signatures

/s/ Hilla Sferruzza 03/08/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Balance includes all unvested restricted stock grants.

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