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New Mexico First Time Homebuyer

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New Mexico (Spanish: Nuevo México) is a southwestern state in the United States of America. Over its relatively long history it has also been occupied by U.S. Amerindian populations, part of the Spanish viceroyalty of New Spain, a province of Mexico, and a U.S. territory. New Mexico has the highest percentage of people of Hispanic ancestry of any state, some recent immigrants and others descendants of Spanish colonists. The state also has a large U.S. Amerindian population. As a result, the demographics and culture of the state are unique for their strong Spanish, Mexican, and U.S. Amerindian cultural influences.

Population

As of 2005, New Mexico has an estimated population of 1,928,384, which is an increase of 25,378, or 1.3%, from the prior year and an increase of 109,338, or 6.0%, since the year 2000. This includes a natural increase since the last census of 74,397 people (that is 143,617 births minus 69,220 deaths) and an increase due to net migration of 37,501 people into the state. Immigration from outside the United States resulted in a net increase of 27,974 people, and migration within the country produced a net increase of 9,527 people.

Largest cities

New Mexico's largest cities are Albuquerque, Las Cruces, Santa Fe, Rio Rancho, and Roswell

FHA Home Loan

FHA loan will allow you to purchase a home with a low down payment and with no income limits or credit scoring.

New Mexico Housing Market

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