News and Updates

News and Updates

New Mexico Lacks at Least 34,000 Housing Units

New Mexico Needs More Homes. Here’s What Could Help. New Mexico has a housing problem that is getting harder to ignore. The state needs more homes, but builders say funding uncertainty, rising construction costs, and taxes are making it difficult to keep new projects moving. How many homes is New Mexico short? The shortage figure

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News and Updates

New Podcast from NAR: The True Cost of Owning A Home

What to Know Before You Buy Hidden homeownership costs can catch you by surprise if you’re not prepared. This week on the 900th episode of Real Estate Today, we look at common homeownership expenses that buyers should prepare for. Melissa Bailey, sales team lead at Real Broker in Phoenix, AZ., and Shane Brady, agent at

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News and Updates

Manufactured Home Financing Fact Sheet | Housing NM

Housing New Mexico | MFA will finance single and multi-section manufactured homes. The home must be on a permanent foundation, taxed as real property and meet HUD and agency guidelines. The manufactured home financing factsheet may be viewed here: https://housingnm.org/uploads/documents/Manufactured_Home_Financing_%28NON_FILLABLE%29_Fact_Sheet_10.22.25.pdf

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News and Updates

New Home Sales Slow, While New Mexico Construction Holds Steady

The latest housing data from the U.S. Census Bureau show a housing market that is becoming more balanced—but not necessarily easier for buyers or builders. According to the Census Bureau and U.S. Department of Housing and Urban Development, sales of new single-family homes fell sharply in July 2026, while the number of new homes available

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News and Updates

NMED is expanding access to free well water testing

Do you rely on a private well for your drinking water? The New Mexico Environment Department (NMED) is expanding access to free well water testing statewide, giving private well owners an easy way to learn more about the quality of their household water. The testing is designed as an initial screening to help homeowners better

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News and Updates

A New Tool Maps Construction Training Nationwide

As the residential construction labor shortage continues nationwide, a new tool from the University of Denver, https://ConstructionSkillsMap.org, makes it easier to find training opportunities in #skilledtrades across the country. The project was funded by the National Housing Endowment (NHE), the National Association of Home Builders-NAHB’s philanthropic arm. With 305,000 construction openings across the country in June 2026, the skilled labor

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News and Updates

AWSA – Unit Fund Pilot Cycle II Application Process

Greetings AWSA Stakeholders, New Mexico Unit Fund Pilot Cycle II Grant Funding for Water Projects Call for Applications Application Round: June 26 – August 25, 2026. The Interstate Stream Commission is making $26 million available from the New Mexico Unit Fund to pay the costs of water utilization projects to meet water supply demands in

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News and Updates

Closing the Homebuying Knowledge Gap

Source: USA Today – Medora Lee https://www.usatoday.com/story/money/personalfinance/2026/07/07/improve-odds-buying-home-tips/90741849007/ If you’ve ever felt unsure about the steps involved in buying a home, you’re in good company. A recent FICO survey highlighted that 59% of Americans don’t fully understand the homebuying process, and that number rises to 64% among first‑time buyers. Even more eye‑opening: one in four people

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News and Updates

Homeowners Should Review Their Homeownership Tax Benefits

As we move through the middle of the year, it’s a smart time for homeowners to pause and review potential tax benefits tied to homeownership. Mid‑year planning helps you get organized early, understand what records to keep, and avoid surprises when filing next spring. Key Tax Benefits Homeowners Should Review Why This Matters Tax benefits

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News and Updates

Why Finding a Home in Southwest New Mexico Feels Hard — And What You Can Do About It

If you’ve been looking for a home in Southwest New Mexico—whether in Grant, Luna, Hidalgo, or Catron County—you’re not imagining it: finding a place to live has become harder. The latest New Mexico Housing Strategy: 2026 Update explains why, and the reasons are surprisingly simple. The report shows that “nearly half of renters (49%) and

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