EXHIBIT 12.1

Meritage Homes Corporation

Calculation of Ratio of Earnings to Total Fixed Charges

	Qtr. Ended March 31, 2010			Year Ended December 31,
				2009			2008			2007			2006			2005
Income/(Loss) from continuing operations before income taxes and minority interest	$	2,781		$	(154,799	)	$	(275,966	)	$	(456,482	)	$	364,009		$	416,225
Income/(Loss) from equity method investees		(803	)		(4,013	)		17,038			40,229			(20,364	)		(18,337	)
		1,978			(158,812	)		(258,928	)		(416,253	)		343,645			397,888
Add/(deduct):
+ Fixed Charges		11,063			50,123			53,526			67,109			56,730			46,934
+ Amortization of capitalized interest		3,256			25,951			37,233			47,051			42,986			38,796
+ Distributed income of equity method investees		1,340			8,286			10,049			15,929			17,126			16,140
- Interest capitalized		(2,146	)		(10,359	)		(25,606	)		(55,431	)		(52,063	)		(43,034	)
Earnings available for fixed charges	$	15,491		$	(84,811	)	$	(183,726	)	$	(341,595	)	$	408,424		$	456,724
Fixed Charges:
Interest and other financial charges expensed and capitalized		10,441			46,890			49,259			62,176			52,063			43,034
Interest factor attributed to rentals (a)		622			3,233			4,267			4,933			4,667			3,900
Total Fixed Charges	$	11,063		$	50,123		$	53,526		$	67,109		$	56,730		$	46,934
Ratio of earnings to fixed charges		1.4			(b	)		(b	)		(b	)		7.2			9.7

(a) The interest factor attributable to rentals consists of one-third of rental charges, which is deemed by the Company to be representative of the interest factor inherent in rent.

(b) Earnings were not adequate to cover fixed charges by $134.9 million, $237.3 million and $408.7 million for the years ended December 31, 2009, 2008 and 2007, respectively.

Meritage Homes Corporation

Proforma Calculation of Earnings to Total Fixed Charges

	Qtr. Ended March 31, 2010			Year Ended December  31, 2009
Income/(Loss) from continuing operations before income taxes and minority interest	$	2,781		$	(154,799	)
Income/(Loss) from equity method investees		(803	)		(4,013	)
		1,978			(158,812	)
Add/(deduct):
+ Fixed Charges		11,449			51,692
+ Amortization of capitalized interest		3,256			25,951
+ Distributed income of equity method investees		1,340			8,286
- Interest capitalized		(2,146	)		(10,359	)
Earnings available for fixed charges	$	15,877		$	(83,243	)
Fixed Charges:
Interest and other financial charges expensed and capitalized		10,827			48,459
Interest factor attributed to rentals (c)		622			3,233
Total Fixed Charges	$	11,449		$	51,692
Ratio of earnings to fixed charges		1.4			(d	)

(c) The interest factor attributable to rentals consists of one-third of rental charges, which is deemed by the Company to be representative of the interest factor inherent in rent.

(d) Earnings were not adequate to cover fixed charges by $134.9 million for the year ended December 31, 2009.