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While New Mexico is a place that reveres its history, it’s moving quickly ahead into the 21st century with high tech manufacturing, and research and development in exciting new fields like alternative energy sources. New Mexico Land For Sale is a piece of the past backed by the promise of an innovative future.
The light seems to fall on New Mexico with a clarity that illuminates its landscapes at impossibly high resolution. The license plate gets it exactly right: New Mexico is the “Land of Enchantment.” From the Sangre de Cristo Mountains in the northeast – southwestern most projection of the Rockies – rising 8,000 feet over the Española Valley, to the mesas and arroyos of the rose-colored Gila Desert along the border New Mexico shares with Arizona; from Carlsbad Caverns, whose natural limestone chamber, the Big Room, is the 7th largest cave chamber in the world to the white gypsum dunes of the White Sands National Monument – New Mexico is one stunning vista after another.
Albuquerque, the state’s largest city, is one of the fastest growing metropolitan centers in the United States; the famed “mother highway,” Route 66, runs through its newly renovated downtown. Founded on the banks of the Rio Grande in 1706 as a traditional Spanish village around a central plaza, today the cluster of haciendas and authentic adobes that make up Albuquerque’s old town is a living museum and one of New Mexico’s most celebrated tourism destinations. Albuquerque is also the home of the University of New Mexico and the Sandia National Laboratories, a major research and development center for the Department of Defense, and every October the city hosts the International Balloon Fiesta, the largest gathering of hot air balloons in the world. New Mexico’s other population hubs include its capitol, Santa Fe, one of the nation’s oldest cities and a renowned center for the arts; Taos, famous as an art colony and the seat of the ancient Pueblo Indian culture; and Roswell, the alleged site of a UFO crash in 1947. New Mexico is a true melting pot: close to half its inhabitants claim Hispanic heritage and over 25% of the state population are bilingual Spanish speakers.
With plenty of sunshine all year round, New Mexico is a great place for every outdoor activity, from hiking, hunting and fishing in the warmer months to skiing and other snow sports in the winter. Though temperatures in midsummer can soar as high as 100° Fahrenheit below 5,000 feet, the lack of humidity keeps it from feeling too oppressive most of the time.
Tourism and federal government spending drive New Mexico’s economy. It’s been estimated that military installments like Kirtland, Holloman and Cannon air force bases, Fort Bliss and the White Sands Missile Range employ over ten percent of the state’s workforce. Federal research and development facilities like the Los Alamos National Laboratory employ large numbers as well. New Mexico is also one of the nation’s leading crude oil and natural gas producers, while dozens of companies are actively engaged in the business of renewable energy sources like solar and wind power. Intel is investing $2.5 billion in its Rio Rancho facilities where the next generation of silicon wafers with advanced 32nm process technology will be manufactured.
New Mexico has weathered the economic downturn a lot better than many other states. While the recession curbed the explosive growth of residential and commercial real estate in urban hubs like Albuquerque and Los Cruces, rural land prices did not dip precipitously. Energy-producing states like New Mexico continue to benefit from the rise of crude oil and natural gas prices. Major employers like the University of New Mexico, Kirtland Air Force Base, and Intel have not downsized; in fact, the state’s 8.5% unemployment rate is significantly lower than the national average. With its great natural beauty and low cost of living, New Mexico Land For Sale has been one of America’s best kept real estate secrets for decades – but it’s rapidly being discovered. Now is the time to buy.