This Week in San Antonio
Friday Night Storms Knock Out Power to Nearly 112,000 CPS Energy Customers
Storms swept through the San Antonio area Friday night, causing widespread damage and leaving nearly 70,000 CPS Energy customers without power — with peak outages hitting roughly 112,000 accounts. CPS Energy Interim CEO Frank Almaraz and Mayor Gina Ortiz Jones held a news conference Saturday morning warning that restoration could take several days. Residents seeking assistance were directed to call 311, with rainfall totals reaching 1–3 inches across parts of the metro.
Dangerous Heat Continues Across South-Central Texas with Little Relief in Sight
South-Central Texas entered another week under dangerous heat conditions, with meteorologists noting that a drop of a degree or two does not signal the end of a heat wave — the atmosphere has to fundamentally shift. As of this week, there is little evidence yet of a substantial change in the long-wave ridge driving the pattern. The combination of lingering heat and this weekend's storm damage leaves many residents managing two separate weather-related stressors simultaneously.
Balcones Heights Mayor Accused of Assaulting Former Councilman at City Council Meeting
An affidavit has accused Balcones Heights Mayor Johnny Rodriguez of assaulting former Councilman Lamar Gillian during Monday's Balcones Heights City Council meeting. The incident adds to a turbulent stretch for local municipal politics in the greater San Antonio area. Details of the altercation were outlined in an affidavit reviewed by KSAT.
San Antonio Fire Chief Responds to Censure Vote
San Antonio Fire Chief Valerie Frausto publicly described herself as "disappointed" following a censure vote against her. The move reflects ongoing tension within San Antonio's city government and public safety leadership. No details about the specific grounds for censure were available in this week's reporting.
UTSA Welcomes Thousands of New Students After Cybersecurity Breach Attempt
UTSA opened its doors to thousands of incoming students this week after a cybersecurity breach attempt forced a campuswide password reset and delayed the start of the semester. University officials used the incident as an opportunity to reinforce security protocols and remind students and staff of best practices. The disruption came during one of the busiest transition periods of the academic calendar.
Real Estate Market
San Antonio's housing market in late August 2026 is telling a fairly consistent story across multiple data sources: inventory is elevated, sellers outnumber buyers by a wide margin, and price growth has been modest at best. According to data from The Close, sellers outnumber buyers in San Antonio by roughly 116%, making it one of the top buyer's markets in Texas. Yet median sale prices have still edged up 3.3% year over year — a reminder that rising inventory shifts negotiating power before it necessarily moves the price needle. Homes.com data corroborates the flat-to-modest picture, reporting essentially no change in median home price compared to last year.
For buyers, the timing data is worth noting. A Redfin analysis identifies mid-September as the statistically best window to negotiate a deal in San Antonio — which puts us roughly two to three weeks out from that sweet spot. Sellers in this environment are already coming to the table with concessions. Redfin has noted at least one San Antonio listing where the seller is offering buyers the ability to assume an existing VA loan at a 2.5% interest rate — the kind of creative structure that emerges when sellers need to differentiate. Redfin's broader assessment is that most Texas markets now have roughly twice as many sellers as buyers, and San Antonio fits that pattern squarely.
On the rental side, the numbers are notable. Apartment List places San Antonio as the metro logging the sharpest year-over-year rent decline among large U.S. markets — down 5.2% over the past 12 months. Zumper's data paints a similar picture: one-bedroom apartments are running around $960 per month, down 8.6% from a year ago. This matters for the for-sale market too. When renting becomes meaningfully cheaper relative to owning, some would-be buyers reconsider the timing of a purchase — which is part of what's keeping demand softer than sellers would like. If you're a buyer who has been waiting for leverage, the data suggests you have it. If you're a seller, pricing accurately from day one is more important than it has been in several years.