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Author Archives: Richard Metcalf / Journal Staff Writer

(C. Cunningham/Albuquerque Journal)

New Mexicans trim debt load

Job loss, falling earnings cut into disposable income; less spending bites into economy

The percentage of homeowners with negative equity in their properties continues to decline, according to the latest CoreLogic report.

Fewer homeowners under water

Negative equity, one of the long shadows cast by the housing bubble collapse, continues to decline both in New Mexico… more »

Sticker shock is one way to describe the reaction of Catherine Martin-McKenzie of Land of Enchantment Inc., a real-estate brokerage and property management firm in Albuquerque, to a 10-fold increase in the company's first-quarter unemployment insurance premium. (Dean Hanson/Journal)

Jobless insurance sticker shock looms

Major overhaul of state-run program could hit small businesses with hefty increases in employer contribution rate


ABQ home-building posts strong Nov.

Home-building in the Albuquerque metro area has registered its strongest November in five years, although the pace remains well below… more »