SFR's year-end issue has a brief overview of how New Mexico and Santa Fe County fared economically in 2009. The short answer is,
worse than was reported
Here's a little holiday bonus: Background research. These cold numbers may be small consolation if you're among the unemployed, or the employed-but-broke, but then again, at least you'll know you're not alone.
The map below links to the New York Fed's
, where you can see how Santa Feans are doing when it comes to
repaying their credit cars, student loans and mortgages on time
But wait, there's more.
These Excel spreadsheets have loads of state-by-state data on the performance of non-prime mortgage loans. Right-click to download them
. They show that 8.1 percent of alt-A (read: slightly better than subprime) mortgages, and
10.5 percent of subprime mortgages in New Mexico are in foreclosure
Curiously, they also show that New Mexicans are paying relatively high interest rates on their mortgages.
Theories, anyone? Explanations? Gripes?