Millennials (now the largest population group in the US) are currently between the ages of 26 and 41 – historically, the age at which many have made the ceremonial transition to “adulthood” via homeownership.
However, between the pandemic, inflation, and the wildest housing market in years, this generation hasn’t seen the most ideal conditions for purchasing their first home.
And so, we meet the Unmortgaged Millennials — or members of this generation who have never owned a home.
Opendoor asked in their new report, “What would the unmortgaged millennial do toown a home right now… andwhat’s holding them back?”
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. 🏡
44% wouldsay goodbye to their morning coffee runs if it meant they could buy a home —and35% would miss out on their favorite shows and eliminate all TV.
And you can forget Hinge + Tinder — 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 left…) on romantic prospects. 🤳
Knowing how motivated homebuyers are, we dug into Opendoor’s San Diego-area listings to round up 3 different homes that $700K can buy you around SD.
3 BD, 2.5 BA | $690,000 | This Spanish-style home features an open floor plan with a view from the kitchen into the main living area and a covered patio over the outdoor kitchen area in the fenced-in backyard.
3 BD, 2 BA | $693,000 | Enjoy preparing meals in this gorgeous kitchen with updated counters, tiled backsplash, stainless appliances, a center island + beautiful white cabinets, or head to the backyard for the perfect private area to enjoy the outdoors.
Joe Satriani | Thurs., Sept. 22 | 8 p.m. | Balboa Theatre | $36+ | The guitarist brings his “Earth Tour” to downtown San Diego. 🎸
Tinker Thursday: Paper Flowers | Thurs., Sept. 22 | 4-5:30 p.m. | Logan Heights Library | Free | Make the traditional craft for Hispanic Heritage Month. 🌼
Oktoberfest on the Harbor | Fri., Sept. 23-Sun., Sept. 25 | 12 p.m. | Eppig Brewing Waterfront Biergarten in Point Loma | Free | Bust out your finest Bavarian attire for this celebration featuring German-inspired craft brews, a pretzel-eating contest + steins.
The Haunted Trail: Balboa Park | Fri., Sept. 23 | 7:30-10:30 p.m. | Balboa Drive and Juniper Road | $27.99+ | The spine-tingling attraction returns, running through Halloween. 🧟
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.*
Gold Finch Modern Deli —dubbed as a modern take on a traditional Jewish deli —will open tomorrow, Sept. 21, at 3040 Science Park Rd. If you can’t make it to the Torrey Pines deli for its opening, you can stop by Monday-Friday 8 a.m.-4 p.m. 🥯
UC San Diego has completed the remodeling of the Geisel Library’s main lobby. Visitors can expect to see new murals, spaces for exhibit displays, and “brighter, better-marked corridors.” 📚 (San Diego Union-Tribune)
San Diego Parks and Rec will host a workshop this Sat., Sept 24 at the Lake Morena County Park to teach locals novice kayaking + fishing skills. Participants will split into two groups — one focusing on fishing and the other kayaking around the reservoir. The eventis free, but registration is required. 🎣
Fishermen off the coast of San Diego spotted two “megamouth” sharks that were only first discovered in 1976. These rare sharks — estimated to be around 13-ft long — slowly inspected the boat before swimming off. Watch the encounter. 🦈 (NBC 7)
Two local resorts have made the USA Today 10Best Readers’ Choice list of Best Family Resorts. The list — which analyzed national resorts and how they cater to families — named Lakehouse Hotel & Resort in San Marcos No. 3 + Omni La Costa Resort & Spa in Carlsbad No. 10. 🏆 (Fox 5)
A new roundabout is being constructed in downtown Vista with the hopes of preventing drivers from making illegal maneuvers and to enhance the area’s visuals. The roundabout will be built at the intersection of Main Street and Wave Drive by the Wave Waterpark. As a detour, vehicles will be routed through the waterpark’s parking lot. 🚧
City Ballet San Diego announced that its 21st Balanchine ballet will take stage on Sat., Nov. 12, Sun., Nov. 13 + Thurs., Nov. 17. Experience George Balanchine’s “Divertimento from Le Baiser De La Fée” at Spreckels Theatre. 🩰
The Balboa Park Fall Plant Sale is happening this Sat., Sept 24, for the first time in four years. Head to Casa del Prado from 9 a.m.-3 p.m. to find native and seasonal plants, vegetables, and flowers. Master Gardeners will also be at this free event to teach gardening sustainability, the art of flower arrangements + more. 🪴
Don’t just eat better — eat the best.Sunbasket’smeal kit service delivers delicious, healthy meals created by award-winning chefsstraight to your front door. Bonus: SDtoday readers can get $100 off their first four deliveriesand more when they sign up. *
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. 🌎 *
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Starting this Wed., Sept. 21, through Sun., Sept. 25, the community-led, five-day event celebrating all things design will take place across the San Diego and Tijuana region. The in-person activities for this third annual event will include art exhibitions, hands-on workshops with local experts, culinary adventures, career support from design professionals, and even activities for the kidslike the ones pictured above.
Networking at Mingei | Wed., Sept. 21 | 6-9 p.m. | Mingei International Museum, 1439 El Prado | $35 | Celebrate the start of Design Week with performances, opportunities to meet with event advisers and presenters, and explore the museum’s new exhibition, “Toying with Design.” 🎨
Today’s issue was written by Trevor.
Editor’s pick: Rice bowls for all.
Open Gym SD + National City native Chef Phillip Esteban have officially opened White Rice Bodega — 3586 Adams Ave. — to the public after hosting a soft opening last week. Head over to Normal Heights and grab yourself a bowl. 🍲
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