Speaking of San Diego, Robert Sarver, owner of the Phoenix Suns and a director of Meritage Homes bought 91,900 shares of Meritage Homes common stock last week.
Sarver made his fortune in San Diego real estate. When Sarver was in his early 20′s he took control of his father’s small San Diego bank when his father died unexpectedly. He invested strongly in San Diego real estate in the 1990′s when others were afraid to.
Meritage Homes is based in Scottsdale.
August 21, 2007 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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