Cash is King

Dallas-Fort Worth real estate experts share how to stand out as a buyer

Money talks, especially in real estate.

Photo courtesy of Opendoor

So many people are moving to Dallas that it's become one of the hottest housing markets in the U.S. And with low mortgage rates, low supply, and high demand, home prices continue to climb, with the median list home price up 8.6 percent across Dallas compared to last year.

Whether it’s your first home or your fifth, all buyers need a competitive edge to help them stand out, especially in today’s market. Unsurprisingly, sellers favor cash offers for the certainty of their home sale. In fact, 36 percent of home sales are all-cash.

To help DFW homebuyers have a competitive edge in today's market, Opendoor introduced a cash-backed offers program to make it possible for everyone to reap the benefits of being an all-cash buyer. Opendoor enables buyers to present the certainty of an all-cash offer to a seller, free of financing, appraisal, and home sale contingencies, even if you need a home loan. Buyers don't need to drain their bank accounts upfront, either for a downpayment or full offer.

Buying with a competitive advantage
According to Chris Westrom, Opendoor's regional general manager in Texas, all-cash offers are more likely to be accepted in a competitive market, as they provide sellers with a stronger sense of certainty.

"Buyers who have made offers with Opendoor’s cash-backed offers program have an average acceptance rate that’s 50 percent higher than those who made offers without our cash backing," he explains.

Buying a home with Opendoor is managed fully online and through its app, which is the preference of 75 percent of homebuyers that the company surveyed. But the added benefit here is that you have a team of experts behind you every step of the way.

There's no extra work, no surprises, and no additional costs. Opendoor provides qualifying buyers the benefits of an all-cash offer while allowing them to skip the many hurdles required by other companies, such as a full pre-underwriting process or charging extra fees.

Good news for sellers
But it’s not only buyers who can reap the benefits — sellers can too. Robin Keating was commuting 45 minutes to work, so she and her husband decided it was time to move closer to their jobs. They found the perfect place in Euless, which was more centrally located between both Dallas and Fort Worth, but needed to sell their current home first.

"We really wanted a simple solution that bypassed all of the stressful steps of an open market: negotiation with buyers, cleaning and staging our home, and hosting open houses," says Keating. "We also wanted to move quickly and stick to our agreed upon timeline. Opendoor provided us with the most competitive all-cash offer. From start to finish, the entire process was a breeze."

Now, Robin commutes only five minutes to work and absolutely loves it.

For Dallas-Fort Worth residents who may be looking to buy or sell, Opendoor empowers homeowners to move quickly, easily, with certainty, all on their own timeline. Go online or download the app today to find out more.

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homebuyer power play

Dallas declared one of the top 10 buyer's markets in the U.S. right now

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The tide has turned for the Dallas housing market, and buyers now have more power than ever to negotiate on their forever home, a new real estate report has confirmed.

Dallas has now become one of the top 10 strongest buyer's markets in the nation with sellers outnumbering buyers by 107 percent, Redfin's newest market trends report found.

Nationally, sellers outnumbered buyers by 58 percent in August 2026, which Redfin says is the largest gap on record. Out of the 49 most populous metros in the U.S., only five are considered seller's markets, and eight are considered "balanced" markets where the number of buyers and sellers are nearly equal.

That leaves the remaining 36 most populated U.S. metros as buyer's markets, which includes the biggest cities in the Lone Star State. In fact, four Texas cities rank among the 10 strongest buyer's markets in the country right now: Houston (No. 3), San Antonio (No. 6), Austin (No. 7), and Dallas (No. 8).

There were 30,854 sellers on the market in Dallas last month, more than double the amount of buyers (14,865). The market's tilt in favor of house hunters allows more legroom to be picky with the increased supply of available housing, while falling demand indicates less competition with other buyers.

"In most markets, buyers should negotiate on price and ask for concessions like repairs or help with closing costs," said Redfin senior economist Asad Khan. "Buyers shouldn’t assume every seller will budge, especially on a desirable home that’s already priced well, but they don’t need to rush into a deal that doesn’t feel right."

For sellers that want to stand out in a saturated market, Redfin suggests they should price their homes competitively and be prepared to negotiate.

A separate Redfin report found mid-September is the best time for Dallasites to buy a home, but other experts say hesitant shoppers have until early October to take the plunge.

Regardless of the timeline, the report warns that the recent surge of available housing is only beneficial for homebuyers that can afford it.

"High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today," the report said.

The median price of a home in Dallas came out to $408,561 in August, though 79 percent of all home sales in the city sold for below their original asking price.

The top 10 strongest buyer's markets in the U.S. are:

No. 1 – Nashville, Tennessee
No. 2 – Miami, Florida
No. 3 – Houston, Texas
No. 4 – Orlando, Florida
No. 5 – Las Vegas, Nevada
No. 6 – San Antonio, Texas
No. 7 – Austin, Texas
No. 8 – Dallas, Texas
No. 9 – Atlanta, Georgia
No. 10 – Phoenix, Arizona

"Nashville, Texas, and Florida are home to robust buyer’s markets partly because they have some of the most active homebuilding pipelines in the country, with newly built homes continuing to hit the market even as demand cools," the report said.

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