Friday, July 11, 2008

Shadows and Substance

For the past decade, New Mexico has made a concerted effort to attract films and production facilities. In the last three to five years, that effort has started to pay off. The latest 'maybe-perhaps-sounds-good-if real' is the announcement that Masque Entertainment will built a studio with eight sound stages and post-production facilities in Rio Rancho. The film business is notorious for brave announcements that quickly dissolve but if this one proves to have some substance it will be a big additional step in making New Mexico a serious option for West Coast productions.

And, speaking of substance, New Mexico continues to rank close to the bottom in foreclosures. The latest RealtyTrac has us ranking 37th among the states. Nevada, California and Arizona continue to lead the pack with West Virginia, South and North Dakota happy to be at the bottom of this particular list.

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