Ever wondered how much of the recently designated federal stimulus funds are going toward your local area? In New Mexico, residents don’t need to wonder anymore. In January, the U.S. Department of Housing and Urban Development confirmed that $2,994,932 in Recovery Act funding would be granted to the state for its Neighborhood Stabilization Program (NSP). What can be expected to be gained from this?

For one, it means that for new home communities affected by the housing downturn, more restoration will take place; yards will be maintained, interiors will be renovated, and unsightly blight will be removed. It may mean that in Albuquerque, homes for sale will gradually begin to feature more and more "SOLD" signs out front!

So go ahead: Start exploring the new homes in Albuquerque and its surrounding areas. There’s no shortage of communities to choose from; but if you need a starting point, you may wish to check out these popular neighborhoods:

• Tesoro High Ranch
• Sagewood at Northern Meadows
• Sundance

Not looking to buy in the Land of Enchantment? Don’t worry: A number of states are in the process of receiving similar funding; so, there’s a good chance that your state will be putting efforts toward recovering neighborhoods as well. In the meantime, be sure to stay informed on the latest developments in stimulus funding for state housing markets. You’ll want to be among the first to take advantage of your community’s recovery efforts, like those who will benefit from the beautifully renovated new homes in New Mexico.

Albuquerque, New Mexico offers the original Southwest atmosphere. Albuquerque is where you can immerse yourself in rich culture and heritage that has been rooted in centuries of US history. Albuquerque is the perfect place to call home, with the ability to soak up blue skies, enjoy the warmth of the sun 310 days a year, and terrain that is perfect for outdoor activities. Once you take your first berth of the high desert air and take in the aroma of sage and piñon, and you’ll understand why Albuquerque, NM is become a destination for new home buyers.

The new homes for sale at Tome Vista, by D.R. Horton is one such community now selling homes in Albuquerque located in east Los Lunas, New Mexico. These new homes for sale at Tome Vista offer affordable new homes from the upper 90’s. Tome Vista is located just minutes from the Rail Runner Station, shopping, dining and Valencia High School. Tome Vista new homes features something for every buyer. With Albuquerque homes for sale ranging in size from 893 sq ft to 2276 sq ft, 2-4 bedrooms, and 1-2.5 bathrooms. These spacious well constructed Albuquerque new homes at Tome Vista make for a fantastic value and a place you’d be proud to call home.

Located within a 2,200 acre master-planned community created by renowned home builder, D.R Horton, Desert Willow at Huning Ranch has plenty of spectacular amenities to please you and your family, like beautiful parks, stimulating hiking trails, great schools, and a fantastic community center. Nestled in the beautiful southwestern city of Los Lunas, New Mexico, just a short drive away from metropolitan Albuquerque, Desert Willow is a unique place at the edge of Cerro de Los Lunas where local residents can work and play in a beautiful setting that is replete with perennially blue skies and gorgeous mountain vistas. Seamlessly blending the old and the new, Los Lunas is a charming but ambitious community that has its sights set on being one of the best small cities in the United States.

Some of the great features that come with the new homes at Desert Willow include a tremendous park system, including a community park, a community center, and various other small neighborhood parks, all of which will be owned by the Village of Los Lunas. The area also features a comprehensive rail system, which extends to nearly everywhere you could want to go, as well as great shopping and dining options spread throughout the area.

These Albuquerque new homes for sale are currently available from around the mid $100,000's. All new homes are available in floorplans that range from 1,133 to 2,633 square feet, and contain between 2-4 bedrooms and 2-2.5 baths. To learn more about some other wonderful new home communities in Albuquerque, make sure to check out Tesoro High Range, Mesa Encantadas, or Cielito Lindo. For more information about the new homes for sale at Desert Willow, please call 505-565-1521.

Surrounded by southwestern landscapes and tranquil beauty, you'll find Rancho Valencia to be the perfect place to find the new home of your dreams. Located in the gorgeous Rio Grande Valley, Rancho Valencia is a new home community by D.R Horton that provides its residents with a little bit of everything, like breathtaking views, modern conveience, and beautifully designed new houses. All the new homes for sale at Rancho Valencia are situated so that almost every new home has spectacular view, some of which involving the beautiful Manzano mountain range that hugs the eastern skyline of Albuquerque. On the western side you'll find El Cerro de Los Lunas; an amazing open space where you can hike, bike, or just take a leisurely stroll. Rancho Valencia itself also has a walking and jogging trail that runs along the border of the eastern perimeter.

On top of all the wonderful features of Rancho Valencia, residents also get to enjoy all of the convenience that comes with its great location. The I-25 is just two miles away, and from that point all of the cultural excitement of Albuquerque is just a short 20 minutes away. Once you're in Albuquerque, you can take a look at the Spanish plaza, or spend a day at the Indian Pueblo Cultural Center. You'll also have tons of fabulous dining and shopping options available to you to treat yourself with.

These Albuquerque new homes for sale are currently available in several expertly-designed floorplans that range from 1,101 to 2,633 square feet, contain between 2-4 bedrooms and 2-2.5 baths, and are starting from the low $100,000. Some other new home community's that you may want to check out when looking at new homes in the Albuquerque area are Mesa Encantados, Entrada Del Bosque, or Autumn View. For additional information about the wonderful new homes for sale at Rancho Valencia, please call 505-565-1745.

Nestled in 433 spacious acres of Rio Rancho, Loma Colorado is an opulent single-family neighborhood that makes for a beautiful one-of-a-kind community for you and your family to call home at the end of a busy day. With these wonderful new homes for sale in Albuquerque, Pulte Homes continues its tradition of being committed to creating innovative mixed-use communities that combine various housing styles, all of which using the unique "pod" system that places single-story and two-story homes in individual locations so as to optimize the gorgeous views of the Sandia Mountains.

Sheer convenience itself is one of main amenities on hand at Loma Colorado, where the NM528 main route is less than two miles away, and which makes the two cultured southwestern cities of Albuquerque and Santa Fe just a short drive away; which means that some of the southwest's best dining, shopping, and entertainment is not too far away.

Some of the other great attractions in the Rio Rancho area include Blades Multiplex Arena, the Rio Ranch Sports Complex, the Rio Ranch Aquatic Center, the Loma Colorado Library, and much more. You''re also bound to fall in love with the 90 acres of land dedicated specifically to parks and trails, making it so that unwinding on a serene walk or hike at the end of the day is never too far away. Both Loma's Terraza Derena and Mesa Contenta Parks feature private parkland where you and your family can play games, have a picnic, or just watch the sunset cascade over the beautiful southwestern landscape at the end of the day. Avid golfer's will also love being so close to Chamisa Hills Country Club, as well as Twin Warriors Golf Course, or the Santa Ana Star Golf Course.

These new homes for sale in Albuquerque are available in 20 different floorplans that contain between 2-6 bedrooms and 2-4.5 baths, range anywhere from 1,254 to 4,223 square feet, and start in price from the $169,990's. Also make sure to check out some of the other great new home community's in Albuquerque, like Ventana Vista, Mesa Encantadas, Tesoro High Range, or Tome Vista. For more information about the wonderful new Albuquerque homes for sale at Lomo Colorado please call 505-891-2995.