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Austin, Texas, led the nation in dropping rent prices for the month of June, according to a new report from Realtor.com.
The South generally saw a surge in housing units as more builders target the area because of mass migration post-pandemic.
After Austin’s year-over-year rent drop of 9.5 percent, San Antonio, Texas, and Nashville, Tennessee, also saw significant rent price decreases of 8.2 percent and 8.1 percent, respectively.
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“It’s difficult to know just yet if this is simply a trend or a long-term slide, but markets that were white hot during the pandemic like Austin and Nashville are experiencing a deceleration in demand,” Alex Beene, a financial literacy instructor at the University of Tennessee at Martin, told Newsweek.
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Beene said the boom in remote work has regressed, and many workers have had to relocate back to their home office, which for many is outside of the southern cities they migrated to during the COVID-19 pandemic.
Realtor.com also attributed the drops to substantial increases in the supply of new rental units.
“To meet that demand, suppliers needed to come into the market and have now oversupplied the market with housing,” Kevin Thompson, a Texas-based financial expert and founder of 9i Capital Group, told Newsweek. “What you are seeing now is the natural market forces finding an equilibrium price, which will naturally fall, especially when you compare them to year-over-year numbers.”
Nationwide, rents fell 0.4 percent year-over-year in June, marking the 11th consecutive month of rent drops nationwide. The median rent for a studio to two-bedroom unit in the top 50 metro areas was 21.2 percent, or $305 higher than the same month in 2019.
“Rents have been steadily falling for almost a year, though the pace of the decline has slowed,” Danielle Hale, chief economist at Realtor.com, said in a statement. “But rental costs have risen significantly since before the pandemic and inflation has further strained renters’ budgets, underscoring the need for more supply to meet demand and to keep renters from contributing an increasing percentage of their incomes to housing costs.”
The pandemic saw the housing market become severely disrupted, with some markets like Tampa and Miami in Florida seeing rents skyrocketing by up to 40 percent. Tampa and Miami still have some of the fattest rental-price growth versus their pre-pandemic levels, with Tampa up 39.5 percent and Miami 39.2 percent.
Beene said that in comparison, smaller metropolitan cities like Austin have smaller suburban areas that ultimately offer cheaper rents and even mortgages.
Austin also saw the number of homes for sale to climb by 26 percent to 13,227 active listings, according to the Austin Board of Realtors.
“As these markets continue to mature and have states that are seeing economic growth in all areas, it’s natural to see people reassess their living options,” Beene said. “If you can save a few hundred dollars in rent by driving to work 30 minutes each day, you usually do it.”
Thompson said that while the remote work age might be coming to a close, many workers will fight against it and could potentially come back to the city as housing prices become more affordable.
“Austin and other areas that have experienced substantial growth will likely see those growth rates decline to more sustainable levels,” he said.
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
AUSTIN, Texas — An update to the Austin Police Department’s (APD) procedures outlines that officers are not required to contact U.S. Immigration and Customs Enforcement (ICE) when a person is found to have an ICE administrative warrant if they have no other arrestable charge.
The update follows a controversial deportation from January, when a woman’s disturbance call to APD led to her detainment, alongside her 5-year-old child, who is a U.S. citizen.
The incident led to questions from the community regarding the way APD is supposed to interact with ICE.
In a March 4 memo, APD Police Chief Lisa Davis said that the directives provided by ICE administrative warrants could be confusing in their wording.
According to Davis, officers have not historically regularly encountered administrative warrants while using the National Crime Information Center database, which is used to conduct identity checks. However, in 2025, federal agencies began entering a large volume of administrative warrants into the system.
According to the memo, administrative warrants are formatted in a way that looks similar to criminal warrants in the system.
The APD General Orders have been updated to clearly define the difference between criminal warrants and ICE administrative warrants, as well as specific instructions for how ICE administrative warrants should be handled moving forward.
“APD recognizes the sensitivity of this issue, not only within our city but across the nation. These policies were updated to provide clarity to our officers, ensure compliance with state law, and maintain officer discretion guided by supervisory oversight and operational consideration,” Davis said in the memo.
The updated procedures instruct officers to contact their supervisor when a person is found to have only an ICE administrative warrant, but no other arrestable criminal charge. From there, the officer or their supervisor may contact ICE, but is not required to.
“Austin Police and City of Austin leadership share a paramount goal for Austin to be a safe city for everyone who lives, works, or visits here,” Davis said in the memo. “We particularly want to ensure that anyone who witnesses or is the victim of a crime feels secure in contacting the police for help.”
According to the memo, the entire APD staff will be required to complete new training regarding these updates.
“In concert with the policy updates, APD is launching a public webpage to help people understand their rights and provide links to resources available from the City of Austin and community organizations, such as Know Your Rights training,” Davis said in the memo. “The webpage will also include information on the option of using APD Victim Services as an alternative to calling 9-1-1, when appropriate, and links to all general orders and policies related to immigration.”
Austin had a particularly itchy and drippy cedar fever season to start the year. Many winter days, from late December into February, had high or very high ashe juniper (aka cedar) pollen counts.
Central Texas has a year-round allergy season with mold popping up at any time. For the more traditional spring and fall allergy seasons, forecasters at AccuWeather are predicting some of the allergens across the country will be worse this year than average.
Texas, though, is a different story.
For grass allergies, which happen now through September, AccuWeather estimates Austin will have an average season. However, just west of the Interstate 35 corridor in the Hill Country to almost El Paso, that season is expected to be worse than normal.
“Texas may experience above-average grass pollen for a few weeks,” AccuWeather’s allergy report said, “though the season could be shorter-lived compared to northern areas.”
How much rain we get in the next six months and the perennial Texas heat will all affect the growing season for grasses and weeds, as well as the amount of pollen trees produce. The Farmers’ Almanac and the Old Farmers Almanac are both predicting a wetter and warmer spring.
Rain helps plants grow, which can increase pollen production over time. However, rainfall during allergy season can also bring temporary relief by washing pollen out of the air. That’s what we’re expecting this weekend, with our first meaningful rain chance in nearly three weeks. Tree and weed pollen levels might briefly drop, but mold could spike because it thrives in damp, humid weather.
If spring continues with excessive heat like we saw in February, it could limit the growth of some plants and trees. Extreme heat can reduce how much they grow, and how much pollen they produce. On the other hand, if we get a healthy balance of rain and only slightly above-normal temperatures — not extreme heat — pollen counts could climb. That’s especially true as we head into April, typically our windiest month of the year, which helps spread pollen more easily.
If you are feeling the effects of allergies, here are some things you can do to lessen them:
Consider these household tips to improve your chances of keeping allergens away:
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