Finance

New Mexico Homebuyers Face a “Lock-In” Market as Sellers Sit Tight on Low-Rate Mortgages

New Mexico’s housing market is being shaped by a “mortgage lock-in” effect: homeowners with ultra-low rates are reluctant to sell into a higher-rate environment, limiting resale supply and keeping affordability tight for buyers.

New Mexico is considering expanding its R&D tax credit to attract more tech investment and create better-paying jobs.

New Mexico lawmakers are considering expanding a technology jobs R&D tax credit as the state competes for advanced energy, aerospace, and computing investment. HB 27 would revisit incentives that currently offer up to 5% of qualified R&D spending—10% in rural areas—according to an LFC assessment.

SB 177: What New Mexico’s tech-focused economic development bill would fund and why it matters

New Mexico’s Senate Bill 177 would move and appropriate state dollars toward tech-focused economic development, including innovation hubs, workforce programs, and matching funds tied to federal AI and quantum initiatives. Supporters say the measure is designed to turn lab and university research into businesses that stay in-state, while critics are expected to focus on scale and oversight.

Los Alamos National Laboratory’s FY2025 New Mexico spend nears $3 billion, report shows

Los Alamos National Laboratory said it spent about $2.9 billion in New Mexico during FY2025, according to its annual economic impact report, alongside a $5.28 billion budget and more than 16,000 employees (excluding contractors).

Taos pitch event adds out-of-state prize as Guide Theory, SouthLight Services win $10,000 each

Two startups—New Mexico’s Guide Theory and Denver’s SouthLight Services—each won $10,000 at CNM Ingenuity’s Ski Lift Pitch in Taos Ski Valley, as the event added a new out-of-state prize and showcased four finalists.

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Record 254 Bears Killed After Roaming Into Towns as Drought Drives Desperate Animals From the Mountains, Making 2026 a Bad Year for Bears

New Mexico has already killed a record 254 black bears in human conflicts this year as drought and food shortages drive hungry animals into towns.

New Mexico’s Wind and Solar Projects on State Lands Already Rake in Millions With $2.5 Billion Projected by 2040

New Mexico’s wind and solar projects on state trust lands are generating millions in revenue, with $2.5 billion projected by 2040.

Forget the Monsoon Washout. New Mexico Is Set for a Weekend of Sunshine, Red Rocks and High-Desert Magic.

After days of monsoon storms and flash-flood warnings, New Mexico is drying out, with Sunday promising sunshine, cooler temperatures and spectacular high-desert scenery.

New Mexico’s Opportunity Scholarship Program: Important Details You Need to Know 

Since the Opportunity Scholarship started in 2022, thousands of New Mexicans have used the state’s free college tuition program. Now in its fourth year, it continues to support students pursuing higher education. This fact-check answers common questions about how the scholarship works, helping you understand what the program offers.

El Niño Is Back — and It Could Soak New Mexico This Winter. But Don’t Get Too Comfortable.

After years of drier La Niña influences, a strengthening El Niño offers New Mexico hope for moisture relief — but also brings risks of extreme rain, flooding and unpredictable extremes in a warming climate.