Austin, TX
Rent prices in Austin drop 10% on average from last year: FOX 7 Focus
Austin rent prices down: FOX 7 Focus
Austin rent prices have decreased compared to last year. Austin realtor Olivia Vale joins FOX 7 Austin’s John Krinjak to discuss in this FOX 7 Focus.
AUSTIN, Texas – If you’re looking for an apartment here in Central Texas, you may be pleasantly surprised to see that rent prices have actually gone down.
Austin realtor Olivia Vale with Roots Residential Group joins FOX 7 Austin’s John Krinjak to discuss in this FOX 7 Focus.
JOHN KRINJAK: So tell us about what we’re seeing here. How big of a drop are we actually seeing in the price to rent an apartment?
OLIVIA VALE: Yeah. So, on average, we’re seeing about a 10% decrease from last year. And keep in mind that over the pandemic, both rents and home prices skyrocketed. And that’s because of supply and demand and, of course, a number of economic factors. Right now we’re getting relief. And we’re at the lighter side of that bubble, which is great news. The caveat here is that not all rent prices are dropping in the same way, in the same locations. So the closer you are to downtown, you’ll see a more robust, healthy rental market when you get further out. Suburbs, new builds. We’re seeing those rent prices come down, whereas, you know, older homes in more established neighborhoods, those are more robust. And we’re seeing, you know, more of a flat level there.
JOHN KRINJAK: So from what you’re seeing, what do you think is behind this drop in rent prices?
OLIVIA VALE: Yeah. So a lot of it is supply and demand. We don’t have the tens of thousands of people moving here, ready to rent kind of anything that they see online before even seeing in person. So, you know, there’s a lot more available. And that goes for when you’re buying a home, too. There’s a lot of availability right now.
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JOHN KRINJAK: All right. So let’s set up two scenarios here. If you’re looking for a new apartment, you’re looking to leave where you are now, find a new apartment. Hopefully, take advantage of some of these savings. What advice would you have for people?
OLIVIA VALE: Yeah, I would say with any apartment hunting, of course, with home buying and selling, you can use a realtor. A lot of people don’t know that a realtor is available for you to use. You don’t have to pay them personally. We get a bit of commission from the landlord. A realtor has years of knowledge about the housing market they can advise you on. You know what a landlord may be looking for and an application fee.
JOHN KRINJAK: So on the other end of it, if you’re looking, you like your apartment, you’re looking to stay where you are, but you’re looking around and seeing the prices go down. But your landlord wants to keep your rent the same or raise it, and you don’t think that’s fair. What steps can you take there?
OLIVIA VALE: I think that almost unequivocally, across the board, no one should be raising their rent this year. We saw a huge jump in rents this year. You know, we’re actually at a level where rents were in 2021. So if your landlord is raising your rent levels past 2023, you know, that’s a sign to get in touch with the realtor, have them run rental comps on what rental places have closed in your neighborhood in the last six months or so, and then armed with that information, you can go to your landlord and say, look, you don’t have justifiable basis to raise my rent.
JOHN KRINJAK: And I guess the question everyone’s kind of afraid to ask, do you think this is going to continue?
OLIVIA VALE: I think we’ve kind of leveled off. We can see that rents did go up ever so slightly. Just May, April, May. So I think the adjustment is where we’re kind of over that hump now.
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JOHN KRINJAK: And so we talked a lot about renting, but if you’re looking to buy a home or a condo, are you seeing similar patterns with the real estate market as we are with rent prices? Are those prices coming down too?
OLIVIA VALE: Marginally. So definitely from the highs in 2022, we’ve come down a little bit. If you are a buyer right now, we’re seeing 30% more homes inventory wise than we were last year. So the world is your oyster. If you’re a buyer in Austin, you should be able to negotiate. You should be able to get, maybe points on your mortgage paid by the seller. You have a lot of leverage.
JOHN KRINJAK: What should you do if you’re a seller? Is it just a bad time to sell, or is it a little bit more nuanced than that?
OLIVIA VALE: It’s a little more nuanced. I mean, everything is so localized in this market, you see huge differences between neighborhoods. So when you’re a seller, you have to adjust your expectations, know that your home is going to be on the market for longer. Do those extra things to your home, spiff it up, make it look great. And then have an experienced realtor give you a fair, realistic idea of what you can actually sell your home for.
JOHN KRINJAK: All right. Olivia Vale, realtor here in Austin. Olivia, thanks so much for being here. We appreciate you.
OLIVIA VALE: You’re so welcome. Thank you for having me.
Austin, TX
Austin Pets Alive! gets $10K donation, pet beds
AUSTIN (KXAN) — Austin Pets Alive! (APA!) received a $10,000 donation and 30 pet beds on Thursday.
The donation was from Robert Thiele, an Amazon delivery driver and owner of Clark Courier Services, which was named in honor of his late bulldog, Clark, who passed away this spring after a battle with cancer.
“I named Clark Courier Services after Clark because just like our drivers, he delivered smiles every single day. In a world full of best friends, Clark was the bestest,” said Thiele.
According to Amazon, the donated pet beds were given a second life through Amazon Re:Turn, which repurposes textiles from customer returns that could not be resold or donated.
As a surprise for Thiele, APA! unveiled memorial plaques dedicated to Clark on shelter kennels, which were inscribed with his name and the words “forever delivering.”
“Our Delivery Service Partners are local, small business owners embedded in the communities they serve. Robert’s been delivering in Austin for nearly seven years, and he’s not just moving packages. He’s showing up for the people, the pets, and the neighborhoods around him. That’s what this program is about,” said Emma Crowley, Amazon spokesperson. “Today, we got to give a little back to someone who has and will continue to give so much to others.”
Austin, TX
Texas Baseball Proved It’s a Legit Contender In The Race To Omaha Against Tarleton State
Almost one year ago today, the Texas Longhorns found themselves in the losers’ bracket of their own regional, falling to the No. 3 seed UTSA Roadrunners in the 2025 Austin Regional.
For just a brief moment, it looked as if history was going to repeat itself once again, as the No. 3-seeded Tarleton State Texans got another chance at an upset, beating the Longhorns back in the regular season, 6-1, at UFCU Disch-Falk Field.
But today, history was not going to repeat itself — the team that the Texans saw in the regular season was a different animal than the iteration in the winners’ bracket. Under another furious day at the plate for Texas, and an outstanding night on the mound for Dylan Volantis, Texas was not going to fall into the losers’ bracket for a second consecutive year.
“Obviously that guy on the mound, he’s one of the best pitchers, if not the best pitcher in college baseball for a reason,” said Tarleton State head coach Fuller Smith about Volantis. “We didn’t do a very good job, and I don’t know if we would beat anybody tonight, to be honest.”
Longhorns Look Unstoppable
If the past two days proved anything, Texas is playing its best baseball at the most crucial time of the season — in all three fronts of the game.
After a poor showing in the Southeastern Conference tournament by the Longhorns’ top three hitters. Aiden Robbins, Carson Tinney, and Anthony Pack Jr. have carried the brunt of the Texas offense in the postseason.
In the second inning alone, the trio rocketed three straight home runs to put the Texans down an early 6-0 hole, a deficit they would not come out of.
“I remember when I stepped on home plate [Anthony] Pack Jr. greeted me at home,” Tinney said. I looked at him, I was like, ‘It’s your turn now.’ And then two pitches later, he sent one out.”
Defensively, the Longhorns’ outfield, which struggled trying to find the right combination, has finally found the right grouping in Robbins, Pack Jr., and Dariyan Pendergrass.
Robbins and Pendergrass both were able to come up with deep fly ball grabs in the past two games. In the infield, missing core member Ethan Mendoza at second base, nonetheless, has yet to skip a beat.
“Pendergrass is a pretty veteran player, he’s been around the block a few times in college baseball,” Texas head coach Jim Schlossnagle said. “Aiden has been a great teammate — Pack [Jr.] has improved greatly over the course of time.”
However, the real star of the regional so far has been the dominance on the mound from starters Luke Harrison and Volantis.
In the regional defining game, Volantis had no issue tossing up the Tarleton State order, who found great success against UC-Santa Barbara in the opening game. The sophomore pitcher lasted 6.2 innings, tossing seven strikeouts and allowing just three hits on the night.
With the giant lead by the time Volantis was pulled in the sixth inning, the Longhorns still have not used any of their premier relief arms in this regional.
“Those two innings were definitely helpful [in the SEC Tournament],” Volnatis said. “I definitely could have done the same without those two innings today.”
Texas now awaits a third rematch with Tarleton State or UC Santa Barbara and will not have to face either of their premier arms — notably Guachos pitcher Jackson Flora, a surefire first-round selection in this year’s MLB Draft.
The Longhorns will roll with Ruger Riojas tomorrow night and likely unload its best arms who have not seen action since the final regular season series against Missouri to seal up their first regional victory in three seasons.
“It’s always good to stay in the winner’s bracket and avoid those moments, but we haven’t won anything yet. We won two games,” Schlossnagle said. “I’m certainly excited about how we played to this point and yes, I’m glad we don’t have to play two tomorrow, but the tournament’s not over.”
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Austin, TX
One dead, victim unidentified after APD responds to deceased person call in South Austin
AUSTIN, Texas — One person is dead but has not been identified after the Austin Police Department responded to the scene of a deceased person call in South Austin Saturday afternoon.
According to officials, a deceased person was located in a parking lot just at around 12:25 p.m. at the 4400 Block of Pack Saddle Pass after officers responded to a check welfare urgent call.
The victim was pronounced deceased at 12:36 p.m. The incident is being investigated as a suspicious death, it is not being investigated as a homicide.
ALSO: I-35 frontage road at Williams Drive reopens after rollover crash with serious injuries
The identity of the victim is still unknown, and the age and sex of the victim has not been released.
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Anyone with information that could help the investigation is encouraged to call the APD homicide unit at 512-477-3588 or APD Crimestoppers at 512-472-8477.
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