Real Deal Utah, Utah's home buying and selling specialists
Sunday May 24, 2015

2015 Real Estate Market Predictions

March 4, 2015   |   Comments (0)   |   By admin

Where are Utah’s home prices going in 2015? 

We give you our best analysis below from Utah’s Economic experts to Top Producing Real Estate agents who are in the market every day.  Watch the video now or read the report below.

Click HERE to watch the video, “2015 Real Estate Market Predictions”

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2014 Real Estate Market RECAP

  • -Last year the experts predicted that the market would increase 5-6%.

  • -Our predictions for the year were 1-3%

  • -The actual increase last year was 4%. Right in the middle.

What will the Market do in 2015?


2015 Real Estate Market PREDICTIONS

  • -Experts are predicting that the Housing Market will increase 4%

  • -Our Predictions are 5-6%


FHA has reduced their Mortgage Insurance Premiums

This has increased buyers purchasing power by adding an average of $55K more to their approved purchasing price. More buyers means higher values.


As long as Interest Rates stay low Values will continue to rise and very well to that 6% increase.

However if Interest Rates go up the Market could stifle this value rise.


Now is an Excellent time to Buy and Sell. The Market has risen to an average of 88-100% of highest housing Peak in history. Most likely you have equity! Sell high and buy while interest rates are at record lows! You could quite possibly have more house for the same payment!

If it is your time to buy or sell, Call us today to get the best deal possible on the sale or purchase of your home!

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Search ALL Utah Homes Here:

Justin Critchfield

The Critchfield Group

Century 21 – Everest Realty Group


Staging and Interior Design with Team Member Cristylyn Garcia

April 29, 2014   |   Comments (0)   |   By admin

The Critchfield Group Offers STAGING YOUR HOME TO SELL services, with our Powerful and Talented Team Member, Interior Designer, Cristylyn Garcia.


Cristylyn has worked the last 15 years directly in the Interior Design industry, including Owning her Own Design Company, working in High End Custom Furniture Store as an Independent Designer, Designing and Staging Real Estate Models and Commercial and Residential Projects and Listings. She is also an Award Wining Parade of Homes designer.

Her Innovation, Staging and Design has been featured everywhere from Historical Homes to Urban Lofts, from Suburban Mansions to Ski Lodges in Park City. She has been a huge source for furnishing and staging for many builders through out Utah, Including Rainy Homes, Hard Rock Homes, Lake City Homes and Ivory Homes.

She Currently uses her SKILLED EXPERTISE for the Benefit of her and THE CRITCHFIELD TEAM’S REAL ESTATE CLIENTS!

Services Include:

-Preview and Consult  APPOINTMENT

-STAGING REPORT with recommendations based off of appointment.

-Paint, flooring, refinishing, and remodeling PRODUCT SELECTION.

-Measuring, space planning, and PERSONALIZED FLOOR PLANS

-Accent Furniture and Accessory placement, to add the WOW FACTOR!

-Access to our Design blog, that includes TIPS & TRICKS for all you DIY fanatics.



If you are thinking of Buying and/or Selling and need help with Staging, Space Planning and Design, Contact the Critchfield Team to talk about your design options.







100% Financing with LOW LOW Mortgage Insurance USDA

April 16, 2014   |   Comments (0)   |   By admin

Amazing Financing Available in Utah’s Rural Communities! 100% Financing with LOW LOW Mortgage Insurance!

To find out how you can save $50-200 off mortgage with a USDA loan vs a FHA loan then  Click link to watch video now or read the report below.

100% Financing with LOW Mortgage Insurance Available for Utah’s Rural Communities!

For Example on a $200K HOME LOAN:

FHA Home Loan with 3.5% down and 3.75% interest your principle and interest payment would be $909 with $217 in mortgage insurance = together $1126

USDA Home Loan with 3.5% down and 4% interest your principle and interest payment would be $940 with $64 in mortgage insurance = together $1004

USDA Home Loan with $0 DOWN and 4% interest your principle and interest payment would be $974 with $66 in mortgage insurance = together $1040

 The USDA loan program is a Fantastic Loan that is government created to give Buyers an incentive to purchase their homes and build their lives in UTAH’s Rural Housing Communities.

Some of the Communities where the USDA loan program is available are:

  • Tooele
  • Saratoga Springs
  • Eagle Mountain
  • Sanaquin
  • Payson
  • Salem
  • Heber
  • Midway
  • and MORE…
  • For more information and locations see map  and check out USDA Eligibility by clicking here:
This is a great opportunity for Buyers to finally get that Home they have been dreaming of without having to come up with a HUGE downpayment or have an inflated monthly payment because of Mortgage Insurance costs.
Check out the Table below for a Comparison between going FHA or USDA on a $200,000 home.

The KEY advantages of this Loan are :

Zero to Little Money Down
LOW LOW monthly Mortgage Insurance
More House for the Money
Lower overall Mortgage Payment
Great Communities close to Growing Job markets.
We specialize in Helping People find these type of Homes
and get into this great Loan Program!
So if you are Looking to Get MORE HOUSE for the MONEY…..

And… If it is your time to sell,

Call me today

To get the best Cutting Edge Representation possible

On the SALE of your HOME!

 See if you would qualify for a USDA Loan here.

Click Here to:   Find out how much your home is worth

Search all homes for sale by clicking:

Justin Critchfield

Century 21 Everest


2014 Real Estate Market Forcast

April 14, 2014   |   Comments (0)   |   By admin

Where are Utah’s home prices going in 2014?  We give you our best analysis below from the states top experts to top producing real estate agents who are in the market every day.  Watch the video now or read the report below.

2014 Real Estate Market Predictions

2013 Real Estate Market RECAP

  • Last year the experts predicted that the market would increase 10-12%.
  • My predictions for the year were 12-18%
  • The actual increase last year was 15%. It would have likely reached the 18% if rates would not have jumped mid year.


2014…Where is the MARKET GOING?…

  • This year, in 2014, the experts predict a 5-7% increase in home values.
  • I am Predicting, however that we will be closer to a 3-5%.

Here’s why….

The good news…

  • Utah is the 4th Highest job producing state in the country. We brought in over 40K jobs last year with the promise of bringing in 30-40K more again this year.
  • Foreclosures are at a 7 year low.
  • Interest rates are still really really low.
  • New construction home inventory is still low compared to 2007.

The bad news…

  • Interest rates will determine what our market does this year.
  • Median incomes have only slightly gone up.
  • Rising prices means less affordability


If interest rates stay where they are at in the high 3-low 4% rates we very well could see that 5% home value increase.

However if rates start to head upwards, it is my guess that this will put a slow down or even halt the value’s growth significantly.


Rates are great right now, it is a fantastic time to get locked into a low rate on your current home or the next & it’s a great time to sell while Values are high!

If it is your time to buy or sell, Call me today to get the best deal possible on the sale or purchase of your home!

Find out how much your home is worth

Search all home for sale at


Justin Critchfield

Century 21 Everest





2013 FHA mortgage insurance will be on the life of the loan starting June 3rd 2013

May 2, 2013   |   Comments (0)   |   By admin

Any FHA loans that are locked in after June 3rd 2013 will have mortgage insurance for the life of the loan.  Currently, FHA mortgage insurance falls off after 5 years. That will not be the case after June 3rd.

So what does this mean for buyers and sellers?

1. If you are looking to sell May, is going to be a great time to do it because lots of buyers will be scrambling to find a home before the June 3rd deadline so that they don’t have to pay extra mortgage insurance costs. That means more desperate buyers and higher offers on your home! I expect things to cool off after this happens so don’t wait.

2. If you are looking to sell your home and buy another home with an FHA loan then you will want to start now and not waste another second. Having mortgage insurance for the life of your loan if you lived there all 30 years on a 300k home would end up costing you over 40k in extra mortgage insurance.

Call us today!  Check out our 47 day home sold guarantee and call us for a free no obligation appointment to show you your options.


Justin Critchfield

Century 21 Everest


fha loan guidline changes for april 1 2013

February 12, 2013   |   Comments (2)   |   By admin

Update: FHA will be adding mortgage insurance for the life of the loan! But it got pushed back to June 3rd. 2013!

FHA has just announced their new changes to their loan starting April 1 2013. There are 2 changes. The first is minor. Mortgage insurance is going up from 1.25% to 1.30% (about a difference of $18 on a $200,000 loan.)  The next change is MAJOR!
They will have mortgage insurance stay on the loan for the full 30 years. Currently mortgage insurance drops off after 5 years. But now it will stay on for the life of the loan. Just to put that into perspective if you had a $300,000 loan and kept it for the full 30 years then you would be paying an extra $50,000!  You will want to buy sooner than later especially here in Utah since our home prices are raising fast. You will need to get an FHA case number before April 1, 2013. And you can’t get a case number unless you have a home under contract.

So contact us today and our “find it first team” and the best realtors in Utah will help y0u find your next home.


Come March their will be lots of buyers looking to get a home under contract before the april 1st deadline. If you have a home under 400k then I would strongly suggest you think about listing your home in march to catch the feeding frenzy of buyers. Contact us today 801-891-5489

Search all homes on the mls including all foreclosures and distressed properties.

Find out what your home is worth. Its free, easy, automated, and you will get actual MLS Sold homes in your area.


Justin Critchfield

Century 21 Everest



When is the best time to sell your home?

January 30, 2013   |   Comments (0)   |   By admin

Selling your home at the right time and with the right people can make a big difference. But is there a better month or season to sell your utah home?

I get this question a lot and its actually a fairly complicated  but easy answer.  The peak real estate selling season here in Utah is in the spring and summer. We sell more homes during that time than at any other months of the year. More buyers are looking and its a convenient time to move etc.  One would natural think that spring/summer is the best time to sell, but the one variable that people forget is this.  Many of your neighbors are wanting to sell during that same time too. So your competition is usually more during that season.  So Spring/Summer = Lots of buyers but also = lots of sellers.

Fall/Winter are usually slower here in Utah. We don’t sell as many homes during this time but when it comes to selling your home their is a lot less competition.

So in short, it really is up to your personal preference when you want to sell. Right now in Utah we have a really low inventory, and prices are up and a lot of neighborhoods I’m seeing don’t have any “active” homes for sale. So If you put yours up for sale today then their probably is a great chance you will have 2-3 buyers fighting over your home. If you wait till spring time there may be 5-6 sellers and then your odds of getting a better offer go down.

Each situation is different and their is not a 1 size all answer that fits for everyone. So I suggest you contact us today and we will do a customized report on your situation and give you direct answers as to if its a good time to sell your Utah home.

* Get a free, accurate home value estimate online here.

Justin Critchfield

Century 21


2013 Utah Real Estate Market Predictions (home prices)

December 24, 2012   |   Comments (0)   |   By admin

2013 Utah Real Estate Market Predictions


2012 was an amazing year for Utah real estate! We have finally hit the bottom and have seen home prices, in most areas, rise by 12%.

In January 2012, I noticed that lots were selling really quickly, most getting multiple offers. As a result, prices on lots started to shoot up. To my amazement they were all still selling despite the rise of prices!  I knew then and there that we had hit the bottom of our Utah real estate market and that prices would be going up.  It took a few months for the news to hit the public, but by the time the word was out we were down to only a 5-month supply of homes.  More and more buyers decided to get off the fence and buy; they realized they had to buy now. Because of this, inventory was low and prices were getting higher. By July we had seen a 6% increase in prices across most of Utah. This had exceeded all expectations by our local real estate board and economists and that was just the beginning.

A big reason for Utah’s increase in home prices is because of our job market. By the time you read this article our unemployment rate will probably be in the 4’s.  Jobs continue to come to Utah because we are rated #1 by Forbes Magazine as “The best place to do business”. These are major companies moving here like Boeing, Adobe, and Proctor and Gamble, etc, and this list will continue to get bigger in 2013 with more companies committed.


2013 Predictions

2012 concluded with a total of a 12% home price increase in most major cities. Sales are up 18% year to date, and pending sales are up 31%.  With stats like this it points to an even bigger year in 2013 for Utah.  I predict that in 2013 we will see at least a 12%-18% increase in prices.  With Utah’s strong job market, low prices compared to median income and low interest rates, I would say that 18% increase is a strong possibility.

If you are looking to buy in Utah then don’t wait because prices will continue to rise!


Find out what your home is worth! Its Free, accurate and takes less than 5 minutes!

Search for all Utah homes now!


Justin Critchfield

Century 21 Everest


How Raise your Credit Score 90 points in 90 days

August 27, 2012   |   Comments (2)   |   By admin

Did you know that on FHA loans…your minimum credit score only needs to be a 640?  And you can get the same interest rates as a person that has an 800 credit score.  But other loans do base your interest rates on your score.  So if you need to raise your score for another loan to get a better rate, or you are just trying to get a 640 credit score then here are some quick tips to raise your score quickly.


Credit Scores are calculated in 5 categories. 1.  Your payment history 35% (if you have paid on time etc.)  2.  The amounts owed 30% (keep your balances low) 3.  Length of history 15% (the length of your credit lines)  4. New Credit Lines 10%   5. Types of Credit 10%   See the video for more details


Some quick fixes to raise your score.

1. Keep your Credit Card balances Low

Credit companies like to see you have big limits but no debt. So if you pay down your balances it can shoot your score up quickly!

2. Just know that if you pay off old outstanding bills that it more than likely will drop your credit score.

That’s because when you make a payment the credit companies will update your profile which will result in a negative score.

3. Check with your states Statue of Limitations.

Each state has different laws but in Utah if you have an outstanding credit card and the company doesnt have a lawsuit against you and you havent paid in 4 years then they legally cant come after you for the difference.


If you are looking to buy or sell your Utah home then please contact us.


Justin Critchfield

Century 21  801-891-5489

New Bank of America $30,000 short sale incentive

May 23, 2012   |   Comments (1)   |   By admin

Bank of America just released a new program available to home owners across the country including Utah. The program gives bowers who’s home loan is owned and serviced by Bank of America and opportunity to short sale their Utah home and in return they can receive between $2,500-$30,000 for relocation assistance. Yes you read right as much as $30,000!

This incentive is only available for a limited time. The short sale must be started before the end of 2012 and it must close by September 26, 2013 to be eligible.

Why is Bank of America doing this?  Although B of A has not said why, it is suspected that now that they have settled the lawsuit with “providing the notes” and “auto signers” etc. they are ready to get rid of all their bad loans and start fresh.

How can a Utah home owner that needs to short sale take advantage of this?   Contact us or go to our website and fill our contact form here. As you noticed in the article the bank is offering between $2,500 and $30,000 and it will be decided by a case by case basis how much the home owner will receive so you will want to make sure you contact someone that knows what they are doing and is able to negotiate the highest possible amount of relocation assistance for you.

Call us today!

Justin Critchfield

RCI Realty




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