What Is It Actually Like to Be a Real Estate Agent?
Derek Peterson Derek Peterson

What Is It Actually Like to Be a Real Estate Agent?

Most of my blogs are about the market, neighborhoods, schools, or home values because I want them to be useful. But summer is a little slower, so I thought I'd pull back the curtain on what it's actually like to be a real estate agent. If you've ever watched HGTV, you might think we unlock a few doors, write a contract, cash a check, and head to the beach. I wish it worked that way.

The truth is, this business is equal parts advisor, therapist, project manager, negotiator, marketer, contractor, and occasionally marriage counselor. One hour I'm explaining inspection reports and negotiating repairs. The next I'm helping a nervous buyer decide if they're making the biggest financial decision of their life or talking a seller off the ledge because their house didn't sell in the first weekend. Every client is different, every transaction is different, and there is no such thing as a normal day. I've answered calls from clients at Disney World, hospitals, weddings, airports, and just about every vacation I've ever taken. Real estate doesn't really care if it's Tuesday afternoon or Christmas morning.

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Buyer Fatigue: Why More Homes Doesn't Always Make Buying Easier
Derek Peterson Derek Peterson

Buyer Fatigue: Why More Homes Doesn't Always Make Buying Easier

One of the biggest misconceptions in real estate is that more inventory automatically makes buying a home easier. It seems logical. If there are more homes on the market, buyers should have more choices and an easier time finding the right one. But after doing this for more than a decade, I can tell you that's often not how it plays out.

As inventory grows beyond four months, buyers begin experiencing something called buyer fatigue. I usually tell my clients to use the 80/20 rule. If a home checks about 80% of the boxes, it's probably worth serious consideration. The challenge is that once inventory starts piling up, most of the homes sitting on the market are there for a reason. One house has the giant backyard and updated kitchen but it's two stories when you wanted one. Another is beautifully remodeled but backs to a busy road. Another has the perfect layout but no bathtub in the primary bathroom and no practical way to add one. Individually, none of those compromises seem like a deal breaker. After you've looked at 30 or 40 homes, though, every compromise starts to feel bigger than it really is.

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AISD Delays Major Boundary Changes: What It Means for South Austin
Derek Peterson Derek Peterson

AISD Delays Major Boundary Changes: What It Means for South Austin

If you've been following the AISD boundary conversations over the past year, there was some meaningful news this week. Austin ISD announced that the large-scale districtwide boundary changes originally planned for the 2027-28 school year have been pushed back to 2028-29. Instead of redrawing attendance boundaries across the entire district all at once, AISD is moving to a two-phase approach. The first phase will focus only on urgent boundary changes caused by recent school closures and campuses that are growing so quickly they would otherwise need portable classrooms. The larger conversation about balancing enrollment across the district has officially been delayed.

From my perspective, this isn't all that surprising.

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The Hidden Mold Problems We See in Southwest Austin Homes During Summer
Derek Peterson Derek Peterson

The Hidden Mold Problems We See in Southwest Austin Homes During Summer

Over the last few months, mold inspections have become a much bigger part of the real estate conversation. In fact, I recently sold a home in Southwest Austin that had to go through a full mold remediation before we could bring it to market. The reality is that mold is one of those things buyers are paying much closer attention to today than they were even a few years ago.

The first thing homeowners need to understand is that finding some mold in Texas is almost unavoidable. Mold is naturally present both outdoors and indoors, and small amounts enter our homes through doors, windows, HVAC systems, and other openings. That's completely normal. According to mold testing specialists, mold only becomes a problem when moisture allows it to grow and spread indoors. Without moisture, mold can't thrive.

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Bowie High School Budget Update: What South Austin Families Should Know
Derek Peterson Derek Peterson

Bowie High School Budget Update: What South Austin Families Should Know

The largest impact will be staffing reductions. Bowie will see its teaching staff decrease from 136 positions to 123 positions, although most of those reductions came through retirements and resignations rather than layoffs. According to Principal Brad Lancaster, only two staff members were directly affected and both were offered positions elsewhere within Austin ISD. Bowie will also lose one counselor position and see one assistant principal position reduced by 50%, which means existing staff will be carrying a heavier workload moving forward.
Students will likely notice some operational changes as well. Some teachers will see reduced planning periods, certain courses may be consolidated or eliminated, and AISD is moving secondary schools to a transportation hub model. That means students needing bus service may have to travel to a designated elementary school within the Bowie feeder pattern to catch a bus. Late activity buses are also being eliminated. Despite these changes, Bowie leadership emphasized that all major programs including athletics, fine arts, and career and technical education pathways remain in place for now.

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AISD Boundary Changes: Why South Austin Homeowners Should Pay Attention
Derek Peterson Derek Peterson

AISD Boundary Changes: Why South Austin Homeowners Should Pay Attention

If you've followed my blogs for any length of time, you've probably heard me say that schools drive the South Austin real estate market. That's why Austin ISD's ongoing boundary review process is worth paying attention to, whether you currently own a home or are considering buying one. Every few years, AISD evaluates attendance boundaries to balance enrollment across campuses as populations shift throughout the city. While no final decisions have been made, some of the proposed changes could have a meaningful impact on several Southwest Austin neighborhoods.

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Austin ISD Budget Cuts: What Could This Mean for South Austin Real Estate?
Derek Peterson Derek Peterson

Austin ISD Budget Cuts: What Could This Mean for South Austin Real Estate?

Austin ISD recently announced a plan to address a staggering $181 million budget deficit, and while most of the headlines focus on schools and staffing, there could be some ripple effects for the South Austin housing market as well. Austin ISD cited several factors contributing to the shortfall, including declining property values, lower enrollment, rising operating costs, and years of state funding that failed to keep pace with inflation. To close the gap, the district is proposing hundreds of position reductions, larger class sizes at some campuses, shared support staff, transportation changes, and the sale of district-owned properties.

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Does the Austin Housing Market Cool Off for Summer?
Derek Peterson Derek Peterson

Does the Austin Housing Market Cool Off for Summer?

Austin summers are brutally hot… but does the housing market cool off too?

Historically, yes. The Austin real estate market is usually at its busiest during the spring, especially in neighborhoods where schools drive home values. Most families want to be settled before summer starts so they can prepare for the next school year. That means March, April, and May tend to be the frenzy months in South and Southwest Austin. Buyers are aggressively trying to get under contract while sellers time their listings to line up with the end of the school year and summer moves.

By the beginning of June, most of those school-driven buyers are already done.

That leaves the summer buyer pool looking a little different. In my experience, summer buyers are usually people whose leases are ending, families relocating to Austin for jobs, investors looking for opportunities on homes that have been sitting for a while, or homeowners preparing for bigger life transitions like downsizing or moving out of town after their kids leave the house. The urgency is still there for some buyers, but the overall pool tends to get noticeably smaller compared to spring.

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78749 Market Update: The Spring Market Is Alive… But Buyers Are Picky
Derek Peterson Derek Peterson

78749 Market Update: The Spring Market Is Alive… But Buyers Are Picky

You can see this most clearly in neighborhoods like Maple Run, Legend Oaks, Circle C, and Village at Western Oaks. Renovated homes in desirable school paths are still commanding strong premiums. One of the wildest examples was a remodeled home in Bannockburn that closed at over $520 per square foot, which absolutely crushed the average price per square foot for the zip code. On the other end of the spectrum, there were multiple homes in the low $200 per square foot range that either needed updating, backed to less desirable locations, or simply missed the mark for today’s buyers. The spread between updated and outdated homes continues to widen.

The highest sale so far this year was in the J.W. Smith section of Western Oaks at $1.14M on Rolling Meadow Road. That sale reinforces something we continue to see over and over in Southwest Austin: larger lots, mature trees, and updated homes in established neighborhoods still carry major value. Meanwhile, some of the longer days on market came from homes that either started overpriced or required buyers to make too many compromises. There were several homes that sat 150 to 280 days before selling, which is a huge contrast compared to the homes that sold in under a week.

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Surviving Summer in South Austin (Without Moving to Colorado)
Derek Peterson Derek Peterson

Surviving Summer in South Austin (Without Moving to Colorado)

When summer hits South Austin, staying cool stops being optional and turns into a full-time strategy.

If you’ve ever wondered how locals survive months of triple-digit heat without packing up and heading to Colorado, the answer is pretty simple: water, shade, and a steady rotation of cold treats. Places like Barton Springs and the Barton Creek Greenbelt aren’t just weekend activities this time of year—they’re lifelines. It’s that rare combination of being outside without feeling like you’re walking on the surface of the sun. And if you’ve been here long enough, you know the rule: early mornings and evenings are your friend unless you enjoy sweating through your personality.

Where you live actually plays a big role in how easy summer feels.

Neighborhoods like Circle C, Legend Oaks, Sendera, Shady Hollow, Avana, Meridian, Greyrock Ridge, and the J.W. Smith section of Western Oaks all have community pools. That alone can be a game changer. Being able to walk or drive a couple minutes to cool off in the middle of the day makes summer a whole lot more manageable. It’s one of those underrated perks that doesn’t show up on a listing sheet but absolutely impacts your day-to-day life.

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New Construction in Austin: Dream Home or Expensive Headache?
Derek Peterson Derek Peterson

New Construction in Austin: Dream Home or Expensive Headache?

New construction in Austin can look like the perfect solution but like most things in real estate, it depends.

If you’re buying new construction in Austin, you’re usually in one of two scenarios. Either you’re paying top dollar for a brand-new home in an established, highly desirable neighborhood… or you’re buying farther out, where builders are developing entire communities from scratch and offering incentives to get things moving. Both can make sense but they come with very different trade-offs.

The appeal of new construction is obvious.

It’s new. Everything feels clean, modern, and move-in ready. You get warranties on major systems like the foundation, roof, and mechanical components, which can provide peace of mind at least in the early years. The floor plans are designed for how people actually live today: open layouts, better storage, larger garages, and updated finishes. Even builder-grade materials tend to feel more modern than what you’ll find in older resale homes.

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Fixer-Upper or Move-In Ready? What Actually Saves You Money in Austin
Derek Peterson Derek Peterson

Fixer-Upper or Move-In Ready? What Actually Saves You Money in Austin

Austin real estate has changed dramatically over the last 20 years, and a big part of that shift came from Austin becoming a major tech hub. The University of Texas has long had one of the strongest engineering programs in the country, and over time a lot of those graduates decided to stay here. They built careers, started families, and planted roots in Austin because, honestly, it’s just a cool city to live in.

As Austin’s economy shifted more toward tech, buyer preferences shifted too.

And this isn’t a knock on my tech clients or friends at all, but historically many engineers and tech professionals are not interested in renovation projects. They would rather pay a premium for a house that is completely move-in ready than spend the next two years managing contractors, dust, timelines, and surprise expenses. That trend started slowly years ago, but it has become much more noticeable over time.

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Are We Back on the Right Real Estate Trajectory in Austin?
Derek Peterson Derek Peterson

Are We Back on the Right Real Estate Trajectory in Austin?

Short answer: yes on pricing, no on affordability.

If you zoom out and look at real estate over the last 75 years, home values in the U.S. typically appreciate at about 3–5% annually. There are always spikes and corrections, but over time the market tends to return to that long-term trend line. What we experienced in Austin from 2020 to 2022 was a massive spike—home values jumped 25–30% in a very short period of time, fueled by sub-3% interest rates and a surge in demand.

What followed was inevitable.

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Best Austin Neighborhoods for People Who Hate HOAs (Southwest Austin Edition)
Derek Peterson Derek Peterson

Best Austin Neighborhoods for People Who Hate HOAs (Southwest Austin Edition)

Let’s just say it… HOAs can suck.

Now, to be fair, there’s a spectrum. Some HOAs are super chill and barely noticeable. Others… want to approve your interior paint color, which is just wild. In Southwest Austin, you’ve got a mix of both. Shady Hollow, for example, has an HOA, but it’s pretty relaxed you can feel that just driving through the neighborhood. On the flip side, parts of Circle C like Park West and the Golf Estates can be much more restrictive. If the HOA is picking your paint colors, that’s probably not your vibe.

So what if you want to avoid all that but still want access to the schools that make Southwest Austin so desirable?

You’ve got options.

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Off-Market Homes in Austin: How to Find Deals No One Else Sees
Derek Peterson Derek Peterson

Off-Market Homes in Austin: How to Find Deals No One Else Sees

Something interesting is happening in the Austin real estate market right now—seller control is starting to increase again, but not in the way most people expect.

What we’re seeing is the rise of what I’d call “seller’s choice.” Historically, there have been pretty strict rules around how homes get listed and marketed. If a property wasn’t in the MLS, it couldn’t really be publicly marketed. “Coming soon” listings had tight timelines. Third-party websites like Zillow and Redfin had their own rules about what they would and wouldn’t display. Everything lived in one central system.

That’s starting to change.

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How to Navigate Austin’s Very Weird Real Estate Market Right Now
Derek Peterson Derek Peterson

How to Navigate Austin’s Very Weird Real Estate Market Right Now

We’re in a really unique moment right now, and if you’re trying to make sense of it as a buyer or seller, you’re not alone. To understand where we are, you have to go back to 2021. Interest rates were under 3%, and home values jumped in many areas by close to 30% in less than a year. It was unsustainable, and over the past two years, the market has been correcting. Some neighborhoods—especially those feeding into highly rated schools—have held their value pretty well. Others have dropped closer to 2020 pricing.

Now we’re in what I would call a housing gap.

This isn’t a great market for most people to sell in, which has created a major inventory issue. If someone has a home that works for them and a sub-3% interest rate, they’re staying put. That means a large portion of the inventory hitting the market right now is coming from investors, relocations, divorces, or longtime homeowners cashing out. You’ll see homes that haven’t been updated in decades sitting right next to investor flips—and not a ton in between.

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Understanding School Boundary Maps in South Austin (And Why They Matter More Than You Think)
Derek Peterson Derek Peterson

Understanding School Boundary Maps in South Austin (And Why They Matter More Than You Think)

If you’ve spent any time looking at homes in Southwest Austin, you’ve probably heard me say this before—schools drive the real estate market here. Specifically, elementary school zones. The challenge is that finding clear, easy-to-understand school boundary maps through AISD isn’t always simple, which creates a bit of a problem for buyers trying to make informed decisions.

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What $500K, $750K, and $1M Gets You in Southwest Austin Right Now
Derek Peterson Derek Peterson

What $500K, $750K, and $1M Gets You in Southwest Austin Right Now

When we talk about Southwest Austin real estate, we’re really talking about schools—specifically elementary schools. For a lot of buyers, the question isn’t just price… it’s where do my kids go to school? Names like Patton, Mills, Kiker, Baldwin, Clayton, Bear Creek, Boone, and Cowan all play a major role in how buyers choose where to live.

And whether people realize it or not, there’s a direct connection between home values in Southwest Austin and the elementary schools those homes feed into.

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The Hidden Costs of Moving to Austin (That No One Warns You About)
Derek Peterson Derek Peterson

The Hidden Costs of Moving to Austin (That No One Warns You About)

I grew up in Utah. I didn’t pick that… my parents did. HA. At 19, I moved to Southern California to chase a dream in the music industry. And honestly, I did it—I got to experience more than I ever thought I would. But after my first daughter was born, I realized the grind wasn’t the life I wanted long term. We needed a change.

So we flew to Austin to visit some friends, and I knew almost instantly—this was it. The second we stepped off the plane, it just felt right. Even the airport vendors felt like my kind of people. It didn’t take long before we made the leap, packed everything up, and moved our family to Texas.

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Spring Market Update for 78749 (Southwest Austin)
Derek Peterson Derek Peterson

Spring Market Update for 78749 (Southwest Austin)

As we move into the spring market, activity in the 78749 zip code is starting to pick up. There are currently over 100 homes either active, under contract, pending, or closed recently, which is typical for this time of year as buyers begin re-entering the market after the winter slowdown. The average home in this dataset sits around 1,974 square feet and was built in the early 1990s, which reflects the established nature of the neighborhoods in this part of Southwest Austin.

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