Jennie Longville May

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Explore Eagle County and Western Colorado Real Estate from Berkshire Hathaway HomeServices Colorado Properties was founded in 1971 by John Slevin and is currently owned by his son, Michael Slevin. We started out as a one-office company located in Vail, Colorado and then opened our second office in Beaver Creek, Colorado when Beaver Creek was founded as a Colorado ski resort. At that time, we had about ten real estate brokers and two offices in the Vail Valley. Today we have grown into a wonderful company with over one hundred real estate brokers, 14 real estate offices throughout Western Colorado, and one vacation and property management office located in the Vail Valley. We have now expanded into Summit County, Mesa County, Montrose County, Telluride, Durango, and Winter Park. We are still family owned and operated and continue to maintain our position in leading real estate sales in the Vail Valley.

September Real Estate News

By Jennie Longville May - September 12, 2023
REAL ESTATE NEWS | EAGLE COUNTY Market Resiliency as Inventory Rises Available homes, pending sales, and dollar volume are all higher than a year ago at this time, demonstrating a resiliency in the market despite stubbornly elevated mortgage rates. This activity is a clear indication of high demand for homes across the valley and buyers understanding that while perceived "high", mo

Housing Market Forecast For The Rest of 2023

By Jennie Longville May - August 21, 2023
Housing Market Forecast For The Rest of 2023 What will happen in the housing market for the rest of 2023? Here's what the experts think. Some Highlights Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth. Where mortgage rates go for the rest of the year will d

August Real Estate News

By Jennie Longville May - August 09, 2023
REAL ESTATE NEWS | EAGLE COUNTY Inventory and Pending Sales Up! It has been a beautiful summer in the valley. A stormy spring yielded an abundance of wildflowers and great fishing and river activities. Bravo!, Gypsum Daze, the Eagle Fair and Rodeo, Dance Festival, and farmer's markets have been summer staples and brought both locals and visitors together to enjoy the events and b

July Real Estate News

By Jennie Longville May - July 17, 2023
REAL ESTATE NEWS | EAGLE COUNTY The effects of low inventory and higher interest rates have shaped our market through the first half of the year. Year to date, dollar volume in Eagle County is down 35% while units sales are down 38%. There are pockets of the market that continue to demonstrate resiliency and overall the lower inventory has helped keep prices stable. We are now in

Why Home Ownership Wins In The Long Run

By Jennie Longville May - July 03, 2023
Today's higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it's true this year has unique challenges for homebuyers, it's important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who bought a home 5, 10, or even 30 year

June Real Estate News

By Jennie Longville May - June 22, 2023
What is Lorem Ipsum?Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popula

June Real Estate News

By Jennie Longville May - June 22, 2023
What is Lorem Ipsum?Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popula

May Real Estate News

By Jennie Longville May - May 10, 2023
REAL ESTATE NEWS | EAGLE COUNTY Buyer Demand Up Despite Inventory Challenges… Closed sales (down from 2022) and market pace is not reflective of buyer demand as low inventory levels continue to put pressure on sales. As a more historic market comes into focus, there should be relief for pent-up demand as inventory levels generally increase when the win

NEW Listing Inventory is LOW compared to Q1 of 2022

By Jennie Longville May - April 17, 2023
Today's sellers' market holds great opportunities for homeowners ready to make a move. Listing your home now will maximize your exposure as buyer activity continues to increase over the spring and summer months in our market. The lack of inventory creates a bigger advantage for sellers and has kept prices strong. In fact, according to Black Knight, recent macro-reports say that we have likely

Assessed Value of your home

By Jennie Longville May - April 17, 2023
The County Assessor's office is mailing every property owner their new assessment. This is not new information as it happens every two years as set by Colorado state law. The significance of this year though is that property values have increased at a higher rate during the assessment time frame. Please consider me a resource. If you do own property and need a quick opinion on the value of you

Why Aren't Home Prices Crashing

By Jennie Longville May - April 13, 2023
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people's ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing. Even though we're no longer seeing the buyer frenzy that drove home value

Is It Really Better To Rent Than To Own a Home Right Now?

By Jennie Longville May - March 13, 2023
You may have seen reports in the news recently saying it's better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot of the time, these reports are assuming things that aren't realistic for the average household. For example, the methodology behind one of those reports says that renting is t

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