New Mexico

Rosemary Romero maintains the community garden at the entrance to Casa Linda, a 125-home subdivision in the center of town with entry off Cerrillos Road via Monterey Drive. It's a lovely neighborhood, she says, but is being damaged from the inside out.

Among the budget cuts proposed by the Trump administration is $6 billion to the Department of Housing and Urban Development, which could translate to the loss of Section 8 housing to 1,400 families statewide, about half of them in Albuquerque.

Albuquerque's hot resale-homes market followed up a record-breaking May with June transactions not far behind, according to data released Monday by the Greater Albuquerque Association of Realtors.

Halfway through 2017, home sales remain robust in the Santa Fe, N.M., market, with closed transactions up more than 9% through June and median prices in both the city and county up over last year's numbers.

The company will also gain its first branches in New Mexico after it buys Peoples Inc.

Apartments in Albuquerque are in high demand as occupancy rates remain strong and rent continues to climb.

The median price reported to the Realtors Association of New Mexico for the month of April was $192,000, which is nearly 4% higher than the March 2017 median and more than 6% higher than the April 2016 median.