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November 2023 Real Estate Market Insights: Sales Dip And Prices Fluctuate

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NMAR News:

In November 2023, there was an 11.79 percent decrease in home sales in New Mexico compared to the previous month.

While still lagging by 8.34 percent behind November 2022 sales, these figures indicate a 4.99 percent decline in the median sold price on a year-over-year basis. In comparison to October 2023, the November median sold price in New Mexico increased by 1.82 percent.

According to National Association of REALTORS® Chief Economist, Lawrence Yun, “Inflation notched down to 3.1 percent in November despite the incomprehensible rise of nearly 7 percent growth in housing rent. Read More

Wildfire Preparedness Is Year-Round: Don’t Hibernate On 2023 Preparedness Plan

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Forest Stewards Guild News:

SANTA FE — Take this seasonal break to create or review and improve your personal preparedness plan for emergencies. 

The Forest Stewards Guild and the Fire Adapted New Mexico learning network (FACNM) and partners at nearby national forests, agencies, and non-governmental organizations conclude the 2023 Wildfire Preparedness is Year-Round campaign with our December message: Don’t Hibernate on a Preparedness Plan.  

Although emergencies and disasters can occur at any moment, the winter months – when wildfire risk is at its lowest – are a good time to create Read More

New Mexico Mortgage Finance Authority Allocates $3.5 Million From New Mexico Housing Trust Fund To Weatherization Program For Solar Projects

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During its Nov. 15, 2023 meeting, the New Mexico Mortgage Finance Authority (MFA) Board of Directors approved $3.5 million in funding from the New Mexico Housing Trust Fund to support solar systems for homes that are receiving NM Energy$mart Weatherization Program services. The funding will be used to install solar-powered systems in households that are receiving weatherization services throughout the state. Photo by Envato Elements

MFA News:

LAS CRUCES — During its Nov. 15 meeting, the New Mexico Mortgage Finance Authority (MFA) Board of Directors approved $3.5 million in funding from Read More

FEMA Claims Office: Simple Process To Request Extension

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FEMA News:

If you filed a Notice of Loss (NOL) but not all of your supporting documents are readily available, you may need to ask for an extension.

Claimants can submit a written deadline extension request before the due date explaining why they need more time, such as if they are unable to submit the supporting documents (i.e., an NRCS plan) prior to the deadline due to circumstances beyond their control. you will miss either the Proof of Loss (POL) or Release and Certification (R&C) deadline, contact your Navigator before the deadline to request an extension either by letter or email.

Claims Read More

Project Funded By New Mexico Mortgage Finance Authority Program Highlighted At 2023 Weatherization Day Event

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A home in Mescalero, New Mexico, that benefitted from the New Mexico Mortgage Finance Authority’s (MFA) NM Energy$mart Weatherization Program was highlighted at the 2023 Weatherization Day event Oct. 30. The Southwestern Regional Housing and Community Development Corporation completed several weatherization projects at the home, including the old propane-fueled furnace being replaced with a highly efficient heat pump that uses a less expensive fuel source. Courtesy/New Mexico Mortgage Finance Authority

MFA News:

MESCALERO — At a celebration of energy efficiency, a home that benefitted Read More

Cleared Trees At Los Alamos National Laboratory Go To Provide Winter Heat For Pueblo Neighbors

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Timber cleared during wildfire mitigation efforts at LANL go to tribal members to heat homes. Courtesy/LANL

LANL News:

Woodstoves and kiva fireplaces are warming up this winter, thanks to free firewood cleared from Los Alamos National Laboratory (LANL). Recently, tribal members from the neighboring Accord Pueblos of San Ildefonso, Santa Clara, Cochiti and Jemez collected hundreds of cords of firewood from Laboratory property, repurposing timber that was cleared during on-site wildfire mitigation efforts this year.

Every year since 2019, the Emergency Management Division has been Read More

Wildfire Preparedness Is Year-Round: Don’t Fall Behind

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The Forest Stewards Guild reminds the public that – Wildfire Preparedness Is Year-Round: Don’t Fall Behind. Courtesy/FSG

Forest Stewards Guild News:

With fall weather in the air, temperatures are getting colder, and nights are getting longer.

This also means that trees are shedding their leaves and dropping their needles. As these burnable materials pile up, they become a fuel bed and can become a fire hazard under dry conditions. In the event of a wildfire, leaves and needles are a fuel source for embers and can ignite easily allowing fires to spread to your home. 

This month’s Wildfire Preparedness Read More

County: First Half Of Property Taxes Due Dec. 11

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COUNTY News:

Property tax bills for 2023 will be mailed to property owners by Los Alamos County’s Finance Department by Nov. 1.

The deadline for the first half of property taxes is Dec. 10, but has been extended to Monday, Dec. 11 due to the weekend. It is the responsibility of the property owner to ensure property taxes are paid to avoid late payment penalty and interest charges.  

If someone else is to pay on behalf of the property owner, they will need to contact them directly regarding this matter. If a property owner’s property taxes are collected through an escrow account, they should verify Read More

U.S. Rep. Teresa Leger Fernández Endorses Proposed Excise Tax Ballot Measure To Support Affordable Housing

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U.S. Rep. Teresa Leger Fernández

STATE News:

SANTA FE –– U.S. Rep. Teresa Leger Fernández (D-NM) has announced she is endorsing Santa Fe’s proposal for a high-end excise tax to provide a reliable mechanism to fund the city’s Affordable Housing Trust Fund.

The upcoming ballot measure, recently approved by the City Council, gives Santa Fe voters the opportunity to create a permanent revenue stream to address the city’s housing needs, from building more affordable housing to providing mortgage and rental assistance, to increasing programs to assist Santa Feans who need it to access shelter Read More