Millennials (now the largest population group in the US) are currently between the ages of 26 and 41 â historically, the age at which many have made the ceremonial transition to âadulthoodâ via homeownership.
However, between the pandemic, inflation, and the wildest housing market in years, this generation hasnât seen the most ideal conditions for purchasing their first home.
And so, we meet the Unmortgaged Millennials â or members of this generation who have never owned a home.
Opendoor asked in their new report, âWhat would the unmortgaged millennial do toown a home right now⊠andwhatâs holding them back?â
Millennial homeownership by the numbers
47% of unmortgaged millennials say they woulddelay vacations for five years if it meant they could buy a home, and 41% would even delay a wedding for five years. đĄ
44% wouldsay goodbye to their morning coffee runs if it meant they could buy a home â and35% would miss out on their favorite shows and eliminate all TV.
And you can forget Hinge + Tinder â of those surveyed, two-thirds use real estate apps and a majority browse homes online. Unmortgaged millennials are home-search obsessed, and would rather swipe through interiors of homes than swipe right (or leftâŠ) on romantic prospects. đ€ł
Knowing how motivated homebuyers are, we dug into Opendoorâs Raleigh listings to round up 3 different homes that $360K can buy you in RAL.
2 BD, 2 BA | $319,000 | This quaint home would be perfect for a young couple, with bedrooms offering plush carpet, sizable closets, and an open backyard.
3 BD, 2.5 BA | $542,000 | Boasting accented window shutters + a stand-out statement color door, this home is complete with a deck and fenced-in backyard â making this home perfect for hosting the next BBQ.
Inspired to move?
See what your home is worth + get a free offer in under five minutes.*
Trivia Tuesday | Tues., Sept. 20 | 6-7 p.m. | Virtual | Free | Register to compete in this questions competition hosted by the NCMNS featuring a mix of science facts, current news, pop culture + scientific discoveries.
Well-Read Black Girl Meet-up | Tues., Sept. 20 | 7-8 p.m. | Quail Ridge Books, 4209-100 Lassiter Mill Rd. | Free | WRBG provides a space for Black women readers + writers to connect and grow in conversation. đ
Wednesday
Sip and View Bridal Show | Wed., Sept. 21 | 5:30-7:30 p.m. | City Club Raleigh, 150 Fayetteville St. | Free | This bridal showcase will feature NC event professionals. đ
Taste Tour of the Mediterranean: Greece | Wed., Sept. 21 | 6:30-9 p.m. | Vidrio, 500 Glenwood Ave. | $85 | Chef Saif Rahman will create dishes inspired by Mediterranean cooking, culture, and produce found in local Greek markets.
The Play That Goes Wrong | Wed., Sept. 21- Fri., Sept. 23 | 8 p.m. | Theatre Raleigh, 6638 Old Wake Forest Rd. | $30+ | This Broadway comedy is a hybrid of Monty Python and Sherlock Holmes.
Thursday
Jazz in the Square | Thurs., Sept. 22 | 6-8 p.m. | Moore Square, 201 S. Blount St. | Free | Public Opinion will perform smooth jazz sounds. đ·
Pancakes & Booze Art Show | Thurs., Sept. 22 | 7 p.m.-1 a.m. | Lincoln Theatre, 126 E. Cabarrus St. | $15 | More than 75 local artists will exhibit work during this underground pop-up art show â there will be all-you-can-eat pancakes. đ„
Friday
Back to Business Womenâs Conference | Fri., Sept. 23 | 8:30 a.m.-5 p.m. | Virtual | $69 | This conference offers Triangle moms a unique opportunity to kickstart their return to work with a community of supportive women and experts to advise them along the way.*
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
For tickets to local and regional events, check out our 6AM Tickets resale marketplace.*
Hoops and hops, anyone? The new brewery is located across from the Greensboro Coliseum, home to the Greensboro Swarm. | Photo provided by Steel Hands Brewing
Get ready to go beer-serk over this, Raleigh. Steel Hands Brewingâs recently-opened location in Greensboro features a 20-barrel brewhouse with hand-forged craft beers brewed on site.
Stop by the breweryâs custom-designed taproom for brews and gourmet wood-fired pizza for lunch, dinner, or Sunday brunch (we recommend the margherita paired with the Juicy-Hazy IPA). The brewery also has space to host special events.
Pro tip: Catch free, live music Thursday-Sunday. Check the event list for details. đ» *
During todayâs afternoon session beginning at 1 p.m., City Council will resume the public hearing concerning the future of Seaboard Station. The historic train station building could berelocated, partially preserved, or removed. Watch the meeting virtually. đ»
Community
To celebrate Deaf Awareness Month, Raleigh Parks is hosting new, inclusive events and adding American Sign Language interpreters to existing events. This weekend, there is a Deaf Bowling Social on Fri., Sept. 23 + a Dix Park Walking Tour on Sat., Sept. 24. See more events.
Opening
Strike & Barrel, a boutique bowling center, is reopening in downtown Wake Forest this Thurs., Sept. 22. The game hub located at 413 Brooks St. will reveal its major expansion, which includes more games like duckpin bowling, fowling + bocce. đł
Try This
The Raleigh Event Collective is hosting Oak City Fit Fest on Sat., Oct. 15 at Coastal Credit Union Midtown Park in North Hills. Starting at 10 a.m., there will be yoga, spin, and trampoline classes + local wellness vendors. đ§
Drink
The NC State Fair just got more brew-tiful. Donât miss NC Beer Night at the NC Public House on Fri., Oct. 14 from 5-8 p.m. Sample an array of beers from NC craft breweries and learn something new during the Ask a Brewer Q+A. Purchase a Kegs + Corks pass ($17). đ»
Plan Ahead
The Blue Man Group is returning to Duke Energy Center for the Performing Arts Mon.,Oct. 24-Tues., Oct. 25. The performances will feature the groupâs signature drumming + quirky comedy. Tickets go on sale this Fri., Sept. 23 at 10 a.m.
Biz
Seen â anticipated to be the nationâs first dedicated LGBTQ+ work environment with a retail and entrepreneurial incubator â received funding from Advanced Auto Parts. The company pledged $15,000 a year for 2022 and 2023 to support the space coming to Raleigh Founded. (Triangle Business Journal).
Travel
Hold on to your sunhat.Nonstop flights between RDU and Cancun, Mexicowill resume on Sat., Nov. 5. American Airlines will run the departing and returning trips weekly on Saturdays. đïž (The News & Observer)
Going on vacation this fall and need to learn a new language fast? With Babbel, you could be speaking a new language in as little as three weeks. Bonus: Get 55% off your subscriptionfor a limited time. đ*
Shop
Are we the only ones with fall feels?Autumnal decor weâre eyeing: this colorful fall wreath made from 100% dried flowers, these amber glass mugs to warm up your kitchen, and these best-selling pumpkin shaped candles. Bonus: The doormatall football-loving families need to own. đ*
Eat
Donât just eat better â eat the best.Sunbasketâsmeal kit service delivers delicious, healthy meals created by award-winning chefsstraight to your front door. Bonus: RALtoday readers can get $100 off their first four deliveriesand more when they sign up. *
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The Pooch Porch won the Fat Cat award in 2021 for raising the most money during the silent auction. | Photo by Rose + Anchor Photography
Over 20 teams made up of local architects, engineers, and designers from around the Triangle have been working on custom pet architecture builds to showcase during this yearâs Triangle Barkitecture competition. All proceeds from this unique fundraising event led by the American Institute of Architects will benefit local animal rescue centers.
This Saturday, Sept. 30, the public and their pets are invited to view and try out the innovative designs for free at Fenton from 1 to 5 p.m. All of the creations will be auctioned off with 100% of the proceeds going to local pets in need at Triangle Beagle Rescue and Friends of Wake County Animal Center.
Youâll also get the chance to meet adoptable + adorable pets, enjoy a show by Dare Devil Dogs, and there will be pup caricature drawings available.
There are six competition categories, including Best in Show, Peopleâs Choice (donât forget to vote for your favorite build) + Craziest Cat, awarded to the most unique design that challenges the idea of what pet architecture can be.
THE WRAP
Todayâs issue was written by City Editor Anne.
Editorâs pick: Sunday brunch is a tradition in my family, whether that means flipping pancakes at home or savoring eggs Benedict at a local eatery. Iâm curious (and hungry) â whatâs your go-to brunch spot in Raleigh?Let me know (and feel free to recommend your favorite dish). đł
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