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Austin, TX

Joe Rogan’s Texas house value drops 20% in Austin housing market downturn

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Joe Rogan’s Texas house value drops 20% in Austin housing market downturn


What’s New

Joe Rogan’s Texas home has dropped a whopping 20 percent in value as the Austin housing market experiences a rapid downturn.

Rogan originally purchased the home for $14.4 million in 2020, right when Austin was gaining ground as one of the top pandemic era housing markets.

Why It Matters

Many Americans fled to Austin from high-cost areas in New York and California while looking for lower home prices and cost of living. And in the age of remote work and coronavirus shutdowns, many also moved to be in a place with Texas’ minimal social distancing restrictions.

Joe Rogan MC’s during the UFC 300 ceremonial weigh-in at MGM Grand Garden Arena on April 12, 2024 in Las Vegas, Nevada. Rogan’s Austin home dropped 20 percent in value in just four years.

Carmen Mandato/Getty Images

What To Know

Rogan originally moved from California to the Austin property in 2020 after securing a $100 million deal with Spotify.

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But now, just four years later, Redfin values the home at just $10.8 million.

Rogan’s home has eight bedrooms and nearly 11,000 square feet. It also boasts a lakeside view, but even the most luxurious estates aren’t immune from Austin’s real estate market changes.

In November, data showed Austin home listings were over 10,000, compared to just 7,000 during the pandemic.

Texas has long been on a population upswing, growing by more than 9 million residents between 2000 and 2022. And the pandemic saw an even larger boost in new people seeking out the state’s job market, warm weather and cheap cost of living.

In 2022 alone, the Lone Star State’s population climbed by 470,708 people, according to the U.S. Census Bureau.

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Initially, when so many people moved in the pandemic, house prices skyrocketed upwards, as the market was not able to keep up with the surge in demand.

To fix that, Texas home suppliers quickly ramped up construction, but now the housing market is experiencing the opposite problem—too much supply and too little demand, causing prices to trend down.

Still, Austin’s home prices are up 6.8 percent year over year, according to Redfin. That brought a median sale price of $550,000 in November.

What People Are Saying

Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek:

“Austin was one of the hottest real estate markets in the country before the pandemic, and relocating during that stretch of time only increased demand in a city that had fewer statewide health-related restrictions than its contemporaries did. With the pandemic over and remote work becoming for many jobs a thing of the past, there’s less demand, which is incredibly problematic for a city that had been ramping up in creating more housing units to meet a surging market.”

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“Texas housing supply has spiked to [its] highest level since at least 2017,” Nick Gerli, CEO of real estate data platform Reventure App, wrote on X, formerly Twitter. “Active listings are up 25 percent YoY, and a massive 263 percent from the pandemic low. Texas is no longer in an inventory shortage. And is now oversupplied.”

“2020-21 was near the peak of the real estate market in many parts of the country,” title and escrow expert Alan Chang told Newsweek. “During this time, there was so much competition for desirable properties that valuations were increasing at an unsustainable rate. It’s normal for many markets to see some leveling or more substantial corrections after that historic time period.”

“Rising interest rates are the main culprit behind lower housing values,” Kevin Thompson, a finance expert and the founder and CEO of 9i Capital Group, told Newsweek. “Housing prices surged after the pandemic as inflation rose, creating a disconnect between prices and underlying fundamentals. Now, prices are correcting downward, moving back toward equilibrium.”

What’s Next

As Austin sees a surge in new homes becoming available, there will inevitably be less demand in the once thriving housing market.

“It’s a difficult spot to be in, and even homes owned by some of Austin’s wealthiest residents are finding their property down substantially in value from where it was a few short years ago,” Beene said.

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Chang said 2025 will likely bring more price correction in the Austin market after the rapid increase seen in the last few years.

“Real estate should be a long-term investment and not a short-term roller coaster that we experienced in the recent past,” Chang said.



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Austin, TX

We Are Austin Hits the Red Carpet at the Texas Film Awards

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We Are Austin Hits the Red Carpet at the Texas Film Awards


We may be the “Lone Star State,” but several stars were shining bright at this year’s Austin Film Society Texas Film Awards and Hall of Fame event!

Last night, the Richard Linklater-founded film society rolled out the red carpet at Troublemaker Studios to honor the 2026 honorees and Hall of Fame inductees. Every year, this star-studded event honors the storytellers who have helped turn the city into a film hub.

Texas Film Awards honoree Sophie Chandler and her father, Kyle Chandler

The awards and gala are hosted by the Austin Film Society and serve as AFS’s biggest annual fundraiser, with proceeds aimed at supporting working filmmakers. Organizers say the night will celebrate this year’s honorees and how they represent Texas, while also marking a major milestone for a fan-favorite franchise, “Spy Kids.”

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“Spy Kids” Director Robert Rodriguez, Producer Elizabeth Avellán, and cast Alexa PenaVega and Daryl Sabara.



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Austin, TX

Austin police released officer-work body cam video after Sixth Street mass shooting

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Austin police released officer-work body cam video after Sixth Street mass shooting


Austin police say they are still investigating whether terrorism played a role in the Sixth Street mass shooting, describing it as a possible motive that remains under review.

On Thursday, the Austin Police Department released officer-worn body camera footage from the night of the shooting and played recordings of emergency calls placed in the moments after gunfire erupted early Sunday morning.

“Hello, this is Austin 911. There has been a shooting at Buford’s on Sixth Street. There are people dead,” a caller told dispatchers in one of the recordings. Authorities say numerous calls flooded the 911 center after a gunman opened fire, killing three people and injuring more than a dozen others.

Police Chief Lisa Davis said some of the footage investigators reviewed shows the suspect firing into a crowd, but those images are too graphic to release publicly. “Any video showing the suspect firing his pistol into the crowd is too graphic to show, and we will not be showing that publicly,” Davis said.

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RELATED| APD releases bodycam footage, 911 calls from West 6th Street mass shooting

According to investigators, the suspect was driving on West Sixth Street toward Rio Grande Street when he stopped in front of Buford’s and fired into a crowd with a semi-automatic handgun. Body camera footage from responding officers captures the chaotic moments as police and bystanders reacted to the gunfire.

“I am with you,” one officer says in the video before shouting, “AR-15. AR-15. Down! Everybody down!”

Police say not all of the victims were inside the bar when the shooting occurred.“One of the victims was outside of Buford’s waiting for an Uber,” I said during a news conference. Chief Davis agreed that the victims were spread out. “These were not all the people who were in the bar,” she said. “Sixth Street is an entertainment area from east to west. It is an entertainment area. People come to walk along Sixth Street.”

Surveillance video shows the suspect later parking a black SUV, getting out with an AR-15-style rifle, and shooting a pedestrian. By that point, officers had already been dispatched and arrived 57 seconds after the first emergency call, police said. Investigators say the suspect then fired toward officers.“The suspect discharged his weapon at the direction of the officers. The three officers discharged their firearm, striking him multiple times,” Davis said. Body camera footage from the scene caught officers asking, “Where is he? Who shot them?” before additional gunfire is heard.

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City leaders say the officers’ rapid response helped prevent further loss of life. Meantime, investigators are asking anyone with video or photos from that night to share them with them.



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Austin, TX

Austin Police Department updates procedures after controversial deportation

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Austin Police Department updates procedures after controversial deportation


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.

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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.

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“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.”



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