Uncommon Knowledge
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
AUSTIN, Texas – President Joe Biden will travel to Austin on Monday after rescheduling due to the assassination attempt on Former President Donald Trump.
President Biden will be visiting Austin to commemorate the 60th Anniversary of the Civil Rights Act during a visit to the LBJ Presidential Library on Monday, July 29.
He is set to deliver a keynote address.
MORE STORIES:
President Biden recently announced he is dropping out of the 2024 Presidential Election. Shortly after, he endorsed his Vice President, Kamala Harris.
Biden is expected to address the nation on Wednesday, July 24, for the first time since announcing his decision to end his reelection bid.
Houston is making a big splash in the 2024 Olympics with 18 athletes from the area, part of a total of 42 Texans competing.
SUGGESTED: LeBron James selected as Team USA male flagbearer for Paris Olympics opening ceremony
Texas talent is definitely shining on the world stage this year!
SIMONE BILES
Olympian 2016, 2020
SPORT: Gymnastics
HOMETOWN: Spring, TX
KELSEY BING
Olympian 2024
SPORT: Field Hockey
HOMETOWN: Houston, TX
SEE ALSO: Catch every moment with KPRC 2′s ‘H-Town Guide 2 the Olympics’
ORRIN BIZER
SPORT: Rugby
HOMETOWN: The Woodlands
JORDAN CHILES
Olympian 2020
SPORT: Gymnastics
HOMETOWN: Spring, TX
KASSIDY COOK
Olympian 2016
SPORT: Diving
HOMETOWN: The Woodlands, TX
BRYCE DEADMON
Olympian 2020
SPORT: Track and Field
HOMETOWN: Missouri City, TX
JOSHUA EDWARDS
SPORT: Boxing
HOMETOWN: Houston, TX
BRITTNEY GRINER
Olympian 2016, 2020
SPORT: Basketball
HOMETOWN: Houston, TX
JONATHAN HEALY
SPORT: Taekwondo
HOMETOWN: Spring, TX
READ MORE: 5 French-inspired H‑E‑B recipes to indulge in this Olympic season
ROSCOE HILL
Olympian 2024
SPORT: Boxing
HOMETOWN: Spring, TX
ASHER HONG
SPORT: Gymnastics
HOMETOWN: Tomball, TX
ALAYSHA JOHNSON
SPORT: Track and Field
HOMETOWN: Spring, TX
GRANT KOONTZ
SPORT: Cycling
HOMETOWN: Houston, TX
JEFFREY “BBoy Jeffro” LOUIS
SPORT: Breaking
HOMETOWN: Houston, TX
SIMONE MANUEL
Olympian 2016, 2020
SPORT: Swimming
HOMETOWN: Sugar Land, TX
AVERY SKINNER
SPORT: Volleyball
HOMETOWN: Katy, TX
READ MORE: Noah Lyles warms up for Olympics by setting PB of 9.81 seconds to win 100 in London
KEVON WILLIAMS
Olympian 2020
SPORT: Rugby
HOMETOWN: Houston, TX
JACOB WOOTEN
SPORT: Track and Field
HOMETOWN: Tomball, TX
TALIYAH BROOKS
SPORT: Track and Field
HOMETOWN: Wichita Falls, TX
JOSEPH BROWN
SPORT: Track and Field
HOMETOWN: Mansfield, TX
SHAINE CASAS
SPORT: Swimming
HOMETOWN: McAllen, TX
TEAL COHEN
SPORT: Rowing
HOMETOWN: Dallas, TX
JOURDAN DELACRUZ
Olympian 2020
SPORT: Weightlifting
HOMETOWN: Wylie, TX
SEE ALSO: Biles, Osaka and Phelps spoke up about mental health. Has anything changed for the Paris Olympics?
KEVIN DURANT
Olympian 2012, 2016, 2020
SPORT: Basketball
HOMETOWN: Washington D.C., MD
COLLEGE: University of Texas Alum
ALISON GIBSON
Olympian 2020
SPORT: Diving
HOMETOWN: Austin, TX
BRYCE HOPPEL
Olympian 2020
SPORT: Track and Field
HOMETOWN: Midland, TX
DAVID JOHNSTON
SPORT: Swimming
HOMETOWN: Dallas, TX
KAITLIN KNIFTON
SPORT: Rowing
HOMETOWN: Austin, TX
JARRION LAWSON
Olympian 2016
SPORT: Track and Field
HOMETOWN: Texarkana, TX
JENNIFER LOZANO
Olympian 2024
SPORT: Boxing
HOMETOWN: Laredo, TX
JASMINE MOORE
Olympian 2020
SPORT: Track and Field
HOMETOWN: Grand Prairie, TX
CHIAKA OGBOGU
Olympian 2020, 2024
SPORT: Volleyball
HOMETOWN: Coppell, TX
RYANN PHILLIPS
SPORT: Shooting
HOMETOWN: Gail, TX
CONNER PRINCE
SPORT: Shooting
HOMETOWN: Burleson, TX
SHA’CARRI RICHARDSON
SPORT: Track and Field
HOMETOWN: Dallas, TX
READ MORE: Simone Biles has moved past Tokyo. If critics can’t, she says that’s their problem, not hers
KEITH SANDERSON
Olympian 2008, 2012, 2016
SPORT: Shooting
HOMETOWN: San Antonio, TX
JAEDYN SHAW
SPORT: Soccer
HOMETOWN: Frisco, TX
AUSTEN SMITH
Olympian 2020
SPORT: Shooting
HOMETOWN: Keller, TX
SAM WATSON
SPORT: Sport Climbing
HOMETOWN: Southlake, TX
GABBY THOMAS
Olympian 2020
SPORT: Track and Field
HOMETOWN: Northampton, MA
COLLEGE: University of Texas Grad School – Lives & Trains in Austin
Copyright 2024 by KPRC Click2Houston – All rights reserved.
Home prices in the former pandemic boomtown of Austin, Texas, dropped by -0.1 percent from May to June, according to the latest data from Zillow compiled by journalist Lance Lambert.
“In early June, I said the Austin metro is poised for some more home price declines in the second half of 2024,” Lambert, who writes for ResiClub, posted on X. “The tell-tale sign was the weak month-over-month print from April to May—historically one of the strongest reporting months of the year.”
After a drop of -0.6 percent between December 2023 and January, home prices had modestly been rising in the Texas capital. Between January and February, they increased by 0.3 percent; in both March and April they grew by 1.1 percent month-over-month. From April to May, they increased by only 0.2 percent.
More From Newsweek Vault: How to Calculate How Much House You Can Afford
While the June home price decrease is a far cry from the steep drops of summer and winter of 2022, when prices plunged by as much as -3.0 percent, it’s a clear sign that Austin’s housing market is still navigating troubled waters.
When the pandemic hit, Austin had been the fastest growing large metropolitan area in the country in more than a decade, according to data from the U.S. Census Bureau. During the COVID-19 health emergency, the city saw a massive influx of people moving from other states into the Texas capital, attracted by more affordable prices, Austin’s great weather and its vibrant culture.
More From Newsweek Vault: Step-by-Step Guide on How to Qualify for a Mortgage
These people—often remote workers leaving expensive cities like the ones in California’s Bay Area—brought up demand for homes in the city at a time of historically low supply, engaging in cutthroat bidding wars and sending prices to the roof. At its peak in May 2022, the median sale price of a home in Austin had reached $667,000, according to Redfin data, up 16.0 percent from a year earlier.
But after the end of the pandemic boom, many remote workers were forced to return home and leave Austin, while the massive migration of the past couple of years started to decline. As the U.S. housing market was experiencing a modest price correction between late summer 2022 and spring 2023, Austin was witnessing a much more dramatic collapse of its home prices.
“Because prices have been so high, there was a lot of room for prices to fall,” Daryl Fairweather, Redfin chief economist, previously told Newsweek. Between July 2022 and February 2023, home prices fell in Austin for eight consecutive months, by as much as -3.0 percent and as little as -0.9 percent.
After rising for three months between April 2023 and June 2023, home prices in the city started dropping again between July 2023 and January 2024, though the deepest drop was a much more modest -1.5 percent.
An increase in housing inventory is partly responsible for this further drop in prices. According to a recent analysis of Realtor.com active listings made by ResiClub, housing inventory for sale in Austin reached a new cycle high last month at 10,913 and it’s now 41 percent above pre-pandemic levels.
While the median sale price of homes in Austin remains much higher than the state’s average of $354,800, according to Redfin data, the cost of housing has dropped noticeably since the pandemic. In June, as per Redfin data, the median sale price of a home was $564,000, down -6.0 percent year-over-year.
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 – The Austin Police Department and Austin-Travis County EMS met with community members to provide insight on the departments’ policing, staffing levels, and to provide safety tips.
“We do a community connect event every quarter, so we get to come together with all of our community members and invite them out. We just get to hear from the community and ask them ‘hey, what questions do you guys have?’”says Austin Police Department Lt. Christopher Casto.
A full PowerPoint presentation at the Austin Recreation Center, allowed dozens of residents an opportunity to review policing, safety, tips and resources available in Central West Austin and around The University of Texas.
“Today, we are actually talking about heat safety and water safety and some of the specifics that we have done lately around the 360-boat ramp area,” says Lt. Christopher Casto.
According to the police department, the decision was made to have additional parking enforcement near the 360-boat ramp due to congestion. Austin Travis County EMS displayed the steps to take when overheating. The Lake Patrol Unit went over the guidelines for being on the water.
Residents chimed in on recent issues they were facing in their communities.
“Folks were complaining about the speeding and the reckless driving on motorcycles up and down 2222. We put out a speed trailer that actually collected data so that we can find out where and how bad the problem actually is,” says Lt. Christopher Casto.
MORE STORIES:
Those in attendance also addressed the increase in property crime. Records from APD show an 11% hike in property crime for the month of June, compared to the same time last year.
“We don’t see everything, we can’t see everything. We have lower staffing numbers right now, and we cannot see all the different crimes that are happening,” says Lt. Christopher Casto.
APD says there are nearly 500 vacancies in the police department. The quarterly meeting allows the department to learn more about the community’s needs.
“I can actually get some of our folks on board to go and investigate some of those things in those areas, to kind of help quell some of those community concerns,” says Lt. Christopher Casto
As a result of the shortage, the department says to only contact 911 for crimes in action and 3-1-1 if the crime is not in action.
Two key states to see massive GOP voter registration operation
One dead after car crashes into restaurant in Paris
Video: Young Republicans on Why Their Party Isn’t Reaching Gen Z (And What They Can Do About It)
In Milwaukee, Black Voters Struggle to Find a Home With Either Party
Video: Biden Asks America to ‘Lower the Temperature’
Ukraine: shelling in Kherson leaves at least two people dead
Freshers' week in Strasbourg for new EU lawmakers
Fox News Politics: The Call is Coming from Inside the House