RUIDOSO, N.M. — Severe flooding hit the Ruidoso area Tuesday afternoon, leaving three people dead and buildings, including at least one home, swept away. The Village of Ruidoso identified the three people as a man in their 40s or 50s, a four-year-old girl and a seven-year-old boy.

The summer rainy season in New Mexico usually brings daily alerts about the potential for flooding around the arid state.

Parts of New Mexico have experienced unprecedented and deadly flash flooding over the last few days, causing major damage. At least three people, including two children, were killed in Ruidoso.

The National Weather Service is sharing details on the rapidly evolving situation in New Mexico. In the past few minutes, the NWS says a "father and two children washed away. SW crews in pursuit." Another update reads, "1 adult 2 children trapped and needing rescue".

The National Weather Service said the threat of severe weather is low, but some flood warnings are still in effect.

Fox News senior correspondent Mike Tobin reports on the latest to come from the search and recovery efforts after the devastating floods in Texas on 'Special Report.'