Jason Buttorf Real Estate

Jason Buttorf Real Estate REALTOR®️
DRE #02054431 | Compass

Merry Christmas! 🎄To all my amazing clients, friends, and their families, thank you for allowing me to be part of your s...
12/27/2024

Merry Christmas! 🎄

To all my amazing clients, friends, and their families, thank you for allowing me to be part of your story this year. May this holiday season be filled with love, laughter, and cherished moments with your loved ones. Wishing you all a joyous and peaceful Christmas!

According to Mansion Global, the recent half-point and subsequent quarter point rate cuts by the Federal Reserve are poi...
12/03/2024

According to Mansion Global, the recent half-point and subsequent quarter point rate cuts by the Federal Reserve are poised to kickstart a wave of home renovations! 🔨

Home renovation activity is projected to reach a massive $466 billion by mid-2025, so getting started now means avoiding the potential backlog as demand surges. For homeowners with equity, tapping into a home equity loan or line of credit at lower rates can offer the financial flexibility to take on meaningful renovations or additions.

With favorable zoning changes and tax incentives for building accessory dwelling units (ADUs), now is an ideal time to maximize property potential.

Whether buying, selling, or updating your home, I’m here to help every step of the way. Reach out today to discuss your plans!

While October offers endless cultural delights, the real estate market in San Francisco has its own allure this season. ...
10/28/2024

While October offers endless cultural delights, the real estate market in San Francisco has its own allure this season. With a diverse selection of properties available, there’s something for everyone, from charming apartments in the heart of the city to luxurious homes with sweeping views of the bay. If you are a buyer, I encourage you not to be discouraged by the counter-intuitive rise in mortgage rates over the last 3 weeks but rather view it as an opportunity to be rewarded with less competition while others pause.

As a real estate professional with years of experience in San Francisco, I’ve seen firsthand how unique this market can be, just like every neighborhood has its own personality, and understanding these nuances is critical to finding the right property. Take advantage of all the fabulous fall events in San Francisco and all of the great Halloween displays that adorn the city as a way to explore a new neighborhood or revisit some favorites.

Ready to explore San Francisco’s vibrant real estate market this fall? Reach out to me, and let’s turn your real estate vision into reality!

[email protected]
M: 415-378-3104

It’s so much fun to be out touring homes in San Francisco and seeing all of the great Halloween🎃 👻 displays starting to ...
10/13/2024

It’s so much fun to be out touring homes in San Francisco and seeing all of the great Halloween🎃 👻 displays starting to come together. San Francisco is a Halloween town with so many neighborhoods that go “all out”. Potrero Hill, Cole Valley, the Marina, and Presidio Heights are just a few. What’s your favorite SF Halloween neighborhood?

The Bay Area housing market continues to show impressive strength this year. With interest rates averaging around 6.5% t...
10/12/2024

The Bay Area housing market continues to show impressive strength this year. With interest rates averaging around 6.5% through the end of summer, low inventory, and rising home prices, the market remains thriving. In fact, July sales were 19.2% higher compared to 2023!

Buyers are benefiting from a shift toward lower mortgage rates and increased purchasing power, thanks to soaring equity markets since last November. However, it’s essential to recognize that the impact varies across price tiers.

Sales of properties priced at $5M+ have surged by 63%, while homes priced at $1.2M and below have seen minimal change. The luxury market is driving the growth, reflecting the increased wealth and purchasing power in the higher tiers.

Considering buying or selling in this dynamic market? Let’s chat about how to take advantage of these trends. DM me today to discuss your next move!

It’s the off day in the and it allowed me to set aside the competitive grudge against Cleveland and indulge in a sand...
10/12/2024

It’s the off day in the and it allowed me to set aside the competitive grudge against Cleveland and indulge in a sandwich (can’t go wrong with the “Leroy Brown”). Deli Board is owned by one of Cleveland’s finest, and is a San Francisco gem. But during game 4 I used their Cleveland Stadium mustard on my hot dog while watching the game, and all of a sudden the Guardians staged a miraculous comeback win to avoid elimination to the Detroit 🐅. It was clearly the mustard’s fault, and that mistake will never be made again. But today, there is no game…so hello Leroy Brown (and tell me you can eat the sandwich without singing the song 🎵 🎶 😂). Go Tigers tomorrow in the winner-take-all Game 5…hoping to channel the Kerry Carpenter 9th inning homer magic and energy from game 2 and 3 and absolutely no Deli Board. It’ll definitely be a Detroit style square pizza day …hello Square Pie Guysfor the win! Go Tigers!

Mortgage rates at a national level have dropped significantly from 8.01% in October 2023 to 6.20% as of September 18, an...
10/04/2024

Mortgage rates at a national level have dropped significantly from 8.01% in October 2023 to 6.20% as of September 18, and this along with 🔥 🚀 equity markets have fueled life into San Francisco’s competitive housing market in 2024. Some may think that the Fed’s policy shift enacted on September 18th and expected additional 2024 rate cuts would make for even lower mortgage rates, but that is not true.

Mortgage rates tend to track longer term bond markets such as the 10-year treasury. Those
Markets, and by extension, mortgage rates, started pricing in the Fed’s 2024 actions in July, and had “baked the 🎂 ” with all 2024 rate cuts priced in ahead of the momentous September 18 rate reduction.

September 17 actually had the lowest mortgage rates of the entire year, and mortgage rates have actually edged higher in the 2 weeks following the Fed’s reduction due to fears of the government increasing spending and issuing new treasury bonds…requiring higher interest rates to compel buyers to purchase the excess supply. Increased yields on 10 year treasury notes have pushed the mortgage rates up higher.

2025 is also expected to bring further rate reductions from the Fed, but there is broad variability in the opinions of timing and extent of those fed funds rate reductions. See my latest newsletter to dig in deeper on everything mortgage rate related.

What is true is we have hit a shift in Fed strategy and the landscape is changing, and now could be the ideal time to review your real estate goals with an advisor and begin to solidify your roadmap of how best to get there. 📞✨

For more information check my website buttorfsf.com. Link in BIO!

Ready to settle in: Gen Z and homeownership 🏡1️⃣ 34% of Gen Z buyers are motivated by the desire to grow their families ...
01/07/2024

Ready to settle in: Gen Z and homeownership 🏡

1️⃣ 34% of Gen Z buyers are motivated by the desire to grow their families and establish a home base.

2️⃣ 20.8% seek stability in homeownership. With a fixed-rate mortgage, you lock in your monthly payment, shielding yourself from rising housing costs.

Gen Z buyers are drawn to more affordable regions to boost buying power and tackle today’s mortgage rates. Balancing city vibes with natural surroundings, Gen Z values convenience, open space, and affordability.

Ready to embark on your homeownership journey? Let’s make your dream home a reality! Connect with me to start your adventure. 🏠

Source: Keeping Current Matters

Did you know? Compass is your coast-to-coast connection, reaching 45% of the nation’s population. Wherever your dreams t...
01/04/2024

Did you know?
Compass is your coast-to-coast connection, reaching 45% of the nation’s population. Wherever your dreams take you, I can link you to a network of over 22,000 dedicated Compass professionals who excel at finding your perfect home.

In a digital age where 95% of real estate searches begin online, having an extensive digital presence is crucial to finding the right buyers. I’m here to amplify your property’s online visibility, leveraging the growing recognition of the Compass brand.

As a Compass agent, I harness the power of a top-tier digital platform to simplify your buying or selling journey. From devising the perfect strategy to guiding you through every transactional step, I ensure your real estate experience is a success.

📩 Connect with me to turn your real estate dreams into reality!

Mortgage rates continue their downward trend for the sixth consecutive week, driven by receding inflationary pressures. ...
12/27/2023

Mortgage rates continue their downward trend for the sixth consecutive week, driven by receding inflationary pressures. The combination of economic strength, lower inflation, and decreased mortgage rates is expected to attract more potential homebuyers into the market, according to Freddie Mac.

The abrupt shift from deep pessimism in October to enthusiastic optimism in November, fueled by changes in economic indicators and a pause in benchmark rate increases by the Fed, resulted in a significant plunge in mortgage rates, leading to increased mortgage applications.

Swipe left to see more statistics and insights! ➡️

Dear California Homeowners,This is a friendly reminder that the 1st property tax installment is due by Monday December 1...
12/09/2023

Dear California Homeowners,
This is a friendly reminder that the 1st property tax installment is due by Monday December 11th, 2023. You get an extra day this year since the 10th falls on a Sunday.

You can easily pay online with eCheck. There is a convenience fee of 2.25% in San Francisco for credit card payments.

Misplaced your tax bill or want to double check your balance due? Click the link in my stories or reach out to me directly.

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1699 Van Ness Avenue
San Francisco, CA
94109

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