Mortgage Rates

2021 was the lowest housing inventory year in recorded history, but 2022 has shown growth in sellers listing homes. This year, mortgage rates are expected to hover at an average of 3.3 percent, with a projection of 3.6 percent by the end of the year. While a good amount of homes are popping up on the market and rates are rising, it can make for a good or bad scenario, depending on income. 

Location

The location of where you live used to be of high importance when it came to renting or buying. Properties that were close to work, loved ones, or grocery stores were a must when settling on a home. Sometimes, buyers would make certain compromises if their home wasn’t close to their preferred locations. However, this doesn’t look to be the case anymore. With the flexibility to work from home becoming the new norm, moving somewhere close to your job isn’t as big of a priority for many. According to Realtor.com, as of 2021, many buyers preferred remote work and considered it when purchasing their new home. The increase of convenient services, such as delivery or entertainment, has made the choice of location easier. You will more than likely see a spike in homes purchased in less densely populated areas where congested traffic is thinner and better tax rates are a possibility.

Virtual Tours

When a tenant or homebuyer had to see a property in the past, it would’ve had to be done physically. Ever since the pandemic, certain adjustments were made in order to make home viewings possible. While the outbreak of COVID-19 became more severe, in-person meetings couldn’t happen,  but instead of removing properties from the housing market, many realtors began to utilize technology for remote tours. A study has shown that looking for homes or apartments online is far more practical than taking an in-person tour. While this doesn’t have to be the norm moving forward, it possesses a lot of perks for realtors and buyers. Scheduling times don’t have to be as tight, as room for more viewings can be done virtually. It’s helpful for anyone living outside the city or town they’re planning on moving to, as they’ll be able to see the home from a virtual tour on their computer screen. Realtors can expand their showings through virtual tours, as it can reach a wide selection of potential buyers.

Why Invest in the Best Airbnb Amenities?

Try to think about this: before you started your Airbnb business, what kind of amenities did you prefer to serve your guests? Even if you were on a limited budget, you probably thought that it would be ideal to offer quality amenities that match your financial capability. 

Similarly, if you are about to introduce & launch your business in the entire world, don’t you want to kick off by being recognized as one of the bests? According to Airbnb News, despite the fact that we are currently amidst a pandemic, Airbnb is still leading the travel revolution for a variety of reasons. 

This means that while more travelers are working remotely and are slowly transitioning to the new normal, their chances of traveling & booking in an Airbnb is scaling up. In this case, we expect that travelers won’t just book “any” kind of accommodation that they see online. 

When we refer to the ‘best’ amenities for your Airbnb, this does not necessarily mean that you have to spend a hundred bucks for one item that will go to waste. You’ll be surprised to know that there are a handful of affordable options for high-end Airbnb amenities that will suit your budget and please every guest that walks right through your doorstep.

Best Airbnb Amenities for Families with Kids

As an Airbnb host, it’s extremely essential to anticipate different kinds of travelers from all over the world with various sets of needs. Expect excellent feedback once you offer the following amenities for families with kids:

• Child-friendly furniture

If your Airbnb is a 3-bedroom house that is used for family trips, you might want to consider adding child-friendly furniture such as cribs, a table & chair, a high chair, or a dollhouse. The best way to figure this out is by communicating with your guests! 

• Complimentary Sweet Treats

Turn up your game by giving all guests a sweet time, including their kids! Aside from milk & cookies, you can also add chocolate macaroons, cupcakes, fruits, or gummy bears.

• Fun Activities

Keep your guest’s children entertained and boost their creativity by providing sufficient paper & coloring materials.

• Childproofing

Help your guests feel worry-free about hard edges or electrical sockets and provide them with childproofing amenities along with other safety gear for their children.

Best Airbnb Amenities for Remote Workers

If you try to look from a traveler’s point of view, you can easily identify their needs and wants during their stay in your Airbnb. For instance, if a remote worker would like to book a room for a week or two, they would surely look for the following listings in your business:

• Add a monitor & a comfortable chair as a package in the dedicated workspace

•  Upgrade your internet plan & add WiFi expanders

• USB ports in outlets & end tables

• No power interruptions (with power generator available)

Best Airbnb Amenities for Pet Owners

According to the data research team from Airbtics, making your listing “pet-friendly” is one way to instantly boost occupancy and daily rate in most areas in the world. Although this will increase your cleaning costs and could damage your furniture or floor, it’s worth it to take a look at how much you can make more by making your listing pet-friendly. Check out the following amenities:

• Pet-friendly furniture covers

• Towels & rug to wipe off paws
• Extra cleaning supplies

  Consider providing some cleaning supplies such as pet litter spray, paper towels & garbage bags. These will be very useful for pet owners!

• Pet bowls for food & water
  

Best Airbnb Amenities for Mid-term & Long-term Stay Guests

Aside from your daily guests and walk-ins, you might also want to consider the desired amenities of guests who have booked a mid-term & long-term stay in your Airbnb. Here are some of the best amenities that you can provide for them:

• Washing Facilities

Guests who plan on staying a little longer than usual would most likely prefer to do their own laundry. If you often get mid-term or long-term bookings, you can purchase an affordable washer/dryer without breaking your bank. This can give a high ROI in some markets!

• Kitchen Facilities

You can equip your kitchen by purchasing low-cost facilities such as a mini-refrigerator, a coffee maker, a mini-microwave, and some basic utensils. This small investment will leverage your listings when guests look for a place with a kitchen.

• Increase Entertainment Options

Aside from having television & streaming services, you can increase your guest’s entertainment options by adding a foosball table or board games.

• Boost the outdoor experience of your guests by adding a hot tub!