Hello Friday.
April 26 2024 |
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Looking to buy or sell your home this summer⊠and not break a sweat? Itâs no secret the Raleigh market is hot. If holding out until the market cools off isnât an option, there may be some good news on the horizon.
According to an Opendoor.com survey from last month, less than half of consumers (42%) say that the current macro conditions will impact their buying timeline. Read: Buyers are resilient. |
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RAL homeowners can go to Opendoor.com and get an offer in minutes by entering their home address and answering a few questions about their home. | Photo by the RALtoday team
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For homebuyers who are still actively searching for a home, lower competition + more seller activity can help provide some relief.
That, coupled with the rising cost of home loans, may help cool the red-hot housing market as higher rates will lead some borrowers to lose their mortgage eligibility due to banks' strict debt-to-income ratio requirements. Mortgage rates continue to sky-rocket, impacting the bottom lines of both homeowners + borrowers. The average fixed rate on a 30-year mortgage reached 5.27% in early May, the highest level in more than a decade.
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DYK: Every 60 seconds, a homeowner requests an offer from Opendoor. | Photo provided by Opendoor
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Homeowners who sell to Opendoor can avoid showings and manage their sale entirely online. Plus, with Opendoorâs all-cash offer, sellers donât have to worry about a buyerâs financing falling through. Homeowners maintain complete visibility and control throughout the process. Bonus: Sellers get to choose their closing date â minimizing the possibility of double mortgages or double moving costs. And you can cancel anytime before close, at no cost, for any reason.* |
This content was created in partnership with Opendoor.*
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What is your least favorite part about buying/looking for a new home? |
We would love to hear your opinion on the topic.
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Open houses
- Renovations to try and add value to my home
- Complications with buying + selling at the same time
- Other
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Click Here to have your event featured |
Tomorrow - Midtown Farmers Market | Sat., June 18 | 8 a.m.-12 p.m. | The Commons at North Hills | Free | Browse seasonal produce, flowers + other local goods from NC farmers. đ*
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Raleigh Money Expo | Fri., June 17-Sun., June 19 | Times vary | NC State Fairgrounds | Free | Buy and sell collectible paper money, coins + stamps from 150 dealers. đ°
Saturday -
MoâNique & Friends | Sat., June 18 | 8 p.m. | Duke Energy Center for the Performing Arts | $40+ | Laugh along with this comedy queen + a few of her friends.
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Margarita & Mimosa Fest | Sat., June 18 | Teets, 425 Glenwood Ave. | $15+ | Join this summer cocktail celebration featuring four different bars and restaurants + drink specials.
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Pride Bar Crawl | Sat., June 18 | 4 -11:59 p.m. | Libations 317, 317 W. Morgan St. | $13.50+ | A portion of the proceeds from this bar crawl will be donated to The Trevor Project. đłïžâđ
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Pop-Up Raleigh Market | Sat., June 18 | 12-5 p.m. | Trophy Brewing & Taproom, 656 Maywood Ave. | Free | Shop and sip at this event featuring food trucks + vendors.
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North Carolina FC's Juneteenth Festival | Sat., June 18 + Sun., June 19 | Times vary | WakeMed Soccer Park, 101 Soccer Park Dr., Cary | Free admission, $10 parking | Before each soccer match, fans are encouraged to explore local vendors, artists, and Black-owned businesses that will be set up outside of the stadium. âœ
Sunday - Family Fun: Italian American Recipes | Sun., June 19 | 10 a.m. | Sur La Table, 4421 Six Forks Rd. | $59 | Bring the kiddos and learn how to make homemade fettuccine Alfredo, chicken parmesan + chocolate chip gelato. đ
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Moore Square Market | Sun., June 19 | 10 a.m.-2 p.m. | Moore Square, 200 S. Blount St. | Shop from local vendors selling farm fresh produce and artisanal goods.
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North Carolina Courage vs. Houston Dash | Sun., June 19 | 7 p.m. | WakeMed Soccer Park, 101 Soccer Park Dr., Cary | $15+ | Celebrate Pride + Juneteenth as North Carolina takes on Houston. âœ*
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We have a monthly 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. |
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Sunbasket makes it easy to enjoy healthy, mouthwatering meals. | Photo provided by Sunbasket
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Want to eat your way to a healthier mealtime routine? Enter: Sunbasket, a meal delivery service that brings chef-crafted kits and prepared meals straight to your door.
Created by award-winning chefs and made with super-fresh organic produce, sustainably sourced meats + plant-based proteins, Sunbasket also offers ten pre-built meal plans for your unique dietary needs and preferences (think: paleo, veg, diabetes-friendly + more).
Bonus: RALtoday readers can snag $100 off their first four deliveries by signing up below. đ„Ź* |
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Weather - 99Âș | Partly cloudy | 20% chance of rain â
Community -
The city councilâs bi-monthly public meeting is in-person on Tue., June 21. Sign up by 5 p.m. on Mon., June 20 to speak during the public hearing or to make a public comment. Watch the meeting from home here.
Development -
If youâve passed the Village District lately, you may have noticed the recently bulldozed lot beside the Oberlin Regional Library. What was once Bellwood Condominiums will become new modern apartments and townhomes. Camden Properties has already posted a waitlist for the buildings, slated to open in 2024.
Holiday -
This Sunday is Juneteenth, which marks the end of institutional slavery in the US. It is a federal holiday, so expect closures on Monday. Commemorate the day with the Juneteenth Joy concert from 7-10:30 p.m. at the NCMA or head to the Capital City Juneteenth Celebration tomorrow at Dix Park from 1-5 p.m.
Health -
In observance of Juneteenth, Wake County Public Healthâs COVID-19 vaccine and testing centers will be closed from Sat., June 19-Mon., June 20. All locations will resume operations on Tue., June 21.
Edu -
NC Central is developing an artful center for students, slated to open next school year. Designed by Evoke Studio Architecture, this $3.5 million facility dubbed the âgateway to campusâ will be open 24/7 to all students + will feature a large indoor and outdoor space. (The News and Observer)
Environment -
Itâs firefly season and Clyde Sorenson, an entomologist at NC State, suggested that light pollution and pesticide use is the biggest threat to fireflies. Artificial light could alter the behavior of lightning bugs, so next time youâre on the hunt, turn off that back porch light + watch them glow. đĄ (WRAL)
DYK -
Did you know that it's National Adopt-A-Cat Month? Every spring there is an influx of kittens brought into the Wake County Animal Center. To help find homes for these kittens, the center is offering a âname your priceâ deal on all cats older than five months old until the end of June.
Try This -
To celebrate Pride Month, The Playersâ Retreat offers a specialty sandwich every June â the LGBT (lettuce, guacamole, bacon, and tomato). This sandwich is available until the end of the month and all proceeds are donated to Equality NC. đ„Ș
Feel Good Shop -
Raleighâs looking so bright we need sunglasses â Vincero sunglasses, that is. Your weekend adventures + happy hours deserve a great pair of shades, and Vincero premium eyewear checks all the boxes: High-quality, ethically made, and (best of all) 20% off. đ¶ïž *
Wellness Stat -
46% of millenials feel strongly about the effects of external factors such as rising interest rates and inflation, according to Opendoorâs financial considerations survey in their 2022 Trends Report. đĄ *
A health message from our sponsor - âDark spots are just blemishes, and blemishes can be banished. Iâve managed to create a breakthrough solution that allows anyone to reduce the appearance of troublesome age spots, sun spots, and liver spots â no matter your skin type.â *
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Content marked with a * is brought to you by our advertising partners and helps make this newsletter free. |
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Recently, we stumbled across this really cool community engagement public art project sponsored by Raleigh Arts. Artist Deborah Aschheim highlights significant people + places in Raleigh through intricate sketches that she posts on Instagram. This week, Deorah featured Kayla G. Coleman, a recent transplant to the City of Oaks and the executive director of VAE Raleigh, a nonprofit community cultural arts organization. |
#DYK that your photos and quotes could be featured in our newsletter? Just use #RALtoday on social media. |
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Editor's pick: I felt giddy when I saw the first lightning bug of the season ignite a few weeks ago. Something on my summer bucket list is to lay out a big blanket during the sunset at Fred Fletcher Park and to stick around to see fireflies illuminate the night sky.
Did you know that Fred Fletcher stays open until 11 p.m.? This should give you plenty of time to lay under the stars. âš
Missed yesterday's newsletter? Meet local muralist Gabriel Eng-Goetz. |
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