Bidding Wars Fade Across Texas as Most Buyers Face Zero Opponents

Although home prices and mortgage rates remain high, Texas homebuyers are faced with one less challenge as they shop the market: Competition is down.In a survey conducted by Texas Realtors, a professional membership organization with over 145,000 members, 69% of respondents said their buyers did not have to compete against other offers this year.The data was collected as part of the 2026 Texas Homebuying Experience Report, which provides a glimpse into Texas Realtors members’ “perceptions about their work with buyers.”The number of real estate agents who said their buyers didn’t have to compete against other offers increased from 57% in the the organization’s 2025 report.Levi Rodgers, former Green Beret and current CEO of LRG Realty in San Antonio, TX, says the 69% figure matches his experience. Of his last three offers written in San Antonio, two were the only offer on the house, and both closed with the seller contributing to closing costs. These are very different circumstances than he was seeing a few years back.“In 2021, my veteran buyers were losing five and six competing offers before getting theirs accepted,” Rodgers tells Realtor.com®. “Right now, a zero-down VA offer with...