Tom Pellegrini- Realtor

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Tom Pellegrini- Realtor Over 25 years of experience in various aspects of the Real Estate and Legal Service industries. Former Loan Officer, Legal Administrator, Real Estate Investor.

Managed and operated organizations of all sizes including Law Offices, Mortgage and Real Estate Brokerages, Foreclosure and Trust Deed Servicing Companies, Real Estate Developers, and Investor LLC's. My primary focus is to assist homeowners and investors in formulating an effective strategy to locate, hold, or sell residential, or commercial real estate. Solutions include conventional property sources, as well as off-market property opportunities. Me and my experienced team of professionals utilize all aspects of distressed property inventories including; Pre-Foreclosure, Trustee Sales, Short Sales, Real Estate Owned, Auctions, Tax Lien Sales, Probate, Out of area US and International MLS, Land Sales Contracts, Loan Modification and many other little known sources. Specialties: Extensive experience with all aspects of Real Estate acquisition, management and sales. Have acted as a Licensed Buyers and Listing Agent on 100's of successful conventional and non-traditional real estate transactions. Experienced Foreclosure Trustee representing private lenders in legal proceedings.

Homebuyers Find More Affordable Listings Across Major StatesHaving worked in Northern California real estate since 1981,...
10/25/2026

Homebuyers Find More Affordable Listings Across Major States
Having worked in Northern California real estate since 1981, I’ve witnessed firsthand how market dynamics shift over time—even in regions known for their resilience. Recently, we’ve seen listing prices steadily decline in states like Florida (down 13%), Texas (9%), and California (6%). Now, New York has joined this trend, with a 6.8% year-over-year drop in listing prices, which signals broader market softening. For those of us guiding clients through the complexities of selling in areas like Folsom, El Dorado Hills, and the greater Sacramento region, understanding these trends is essential. My background in investments, financing, and managing transactions helps me navigate these changes and support clients in making informed decisions—especially when the market takes an unexpected turn.


https://www.roomvu.com/agent-news/tom-pellegrini/2140254-Homebuyers-Find-More-Affordable-Listings-Across-Major-States

California HOA Fees: What Homeowners Can Expect in 2024California homeowners, especially those living under homeowners a...
10/23/2026

California HOA Fees: What Homeowners Can Expect in 2024
California homeowners, especially those living under homeowners associations, could soon feel a shift in their monthly budgets. Assembly Bill 2050 now requires HOAs to maintain financial reserves that can cover 30 years’ worth of future expenses. If a reserve is running negative, HOAs must transfer at least 15% of their annual budgets each year to get back on track. This could translate into higher monthly fees or even special assessments for residents, which may affect overall affordability. In my years working throughout Folsom, El Dorado Hills, and the greater Sacramento region, I’ve seen how changes like these can impact both new buyers and long-time owners. Staying informed about HOA financial health is becoming more important than ever.


https://www.roomvu.com/agent-news/tom-pellegrini/2091075-California-HOA-Fees%3A-What-Homeowners-Can-Expect-in-2024

10/22/2026

U.S. Active Listings Rise 5.6%
Seeing a 5.6% uptick in active U.S. listings by late Q3 2026 is a notable development for buyers, especially as this marks the third consecutive month of accelerated annual growth. After a quieter period earlier in the year—annual growth had dipped to just about 2% in late Q2 2026, far from the brisk 17% pace we saw the previous year—inventory is starting to edge upward again. Nationally, we’re still running just below pre-pandemic inventory, with 1.16 million active listings on the market in late Q3, about 5% shy of where we were in 2019. Elevated mortgage rates and long-term yields, now at two-year highs, have tempered buyer demand and, paired with the typical seasonal slowdown, created a bit more room for negotiation. For those looking to get a sense of the local market—especially here in the greater Sacramento region—comparing current active listings per 1,000 households to the 2018–2019 average can reveal whether supply has outpaced pre-pandemic levels. Drawing on decades of experience across listing, selling, and investment in our area, I’ve found these shifts can provide unique opportunities for both buyers and sellers.

10/21/2026

Housing Data Gives Buyers More Leverage
As we move through late Q3, the housing market is showing some notable shifts that are giving buyers more room to negotiate. Around 21% of active listings have seen price cuts, with inventory reaching over 1.16 million homes—now within about 9% of what we saw before the pandemic. Buyer activity remains on the cautious side, as homes under contract have dipped by about 4% year-over-year for the second consecutive month. Higher mortgage costs continue to be a hurdle, keeping affordability in check. The national median list price stands at roughly $419,000, reflecting a 1% decrease both month-over-month and year-over-year, and marking the eleventh straight month of annual price declines. Price per square foot has also slipped by about 2% compared to last year. Sellers are still engaged, with about 6% of listings being delisted, a figure that has remained steady, while more homeowners are opting to reduce prices and open the door for negotiation. The question now is whether further price adjustments will lead to more signed contracts, or if increased supply and tempered demand will continue to shape this period of market adjustment. Having worked through many changing cycles in the Sacramento Region since 1981, I’m seeing familiar signals that highlight the importance of being well-informed and adaptable in your approach.

10/21/2026

Opportunities Rise to Invest in Senior Housing for Growing Needs
With over four decades in real estate throughout Folsom, El Dorado Hills, and the Sacramento region, I’ve seen how demographic shifts shape our communities—and the numbers around senior housing are striking. The US faces a $1 trillion investment need in senior housing by 2050, as the 80+ population is set to double by 2040. Construction activity in this sector has fallen 67% since 2021, while occupancy rates now top 90%. Nearly 40% of current properties are more than 25 years old, making the demand for renovations especially strong. These trends signal both challenges and significant opportunities for investors and property owners in the region.

10/19/2026

Folsom: Six in 100 Seniors Arrived in Sacramento County
Having worked in Folsom and the greater Sacramento region for decades, I've watched the area evolve to meet the needs of our growing senior community. Recent data shows that six out of every 100 Folsom residents aged 65 and older have relocated to Sacramento County within just a year—a rate that’s more than triple California’s average for older newcomers. Between surveys, Folsom’s 65-plus population expanded by 2,300. Placer County led as the top source of new arrivals to Sacramento County, followed by Yolo and San Joaquin. In response, a new gated 55-plus community with 919 homes is planned, broadening the options for age-targeted housing within Folsom. Our city continues to invest in quality-of-life amenities: the senior center next to City Hall offers van day trips, while our local hospital ensures 24-hour emergency care. For those who appreciate history, the State Historic Park along the American River, home to an 1895 high-voltage AC plant, opens its doors on select days. These developments reflect the region’s ongoing commitment to supporting its senior residents—something I’ve always valued in my work here.

New home sales rebound as builders chase buyers' budgetsIn August, we saw US new home sales pick up speed, reaching thei...
10/19/2026

New home sales rebound as builders chase buyers' budgets
In August, we saw US new home sales pick up speed, reaching their fastest pace in eight months—though still about 2% below last year. This rebound was fueled by builders making price cuts and offering incentives, with the median price at $393,700. Despite this uptick, inventory remains high and builder sentiment is low, largely due to rising financing costs. Having worked in the real estate industry since 1981, particularly throughout the Folsom, El Dorado Hills, and greater Sacramento areas, I’ve seen firsthand how market conditions shift as builders respond to buyers' budgets. It’s a dynamic landscape, and understanding these trends is key for anyone considering their next move.


https://www.roomvu.com/agent-news/tom-pellegrini/2102023-New-home-sales-rebound-as-builders-chase-buyers%27-budgets

Address

2340 East Birdwell Street
Folsom, CA
95630

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 7pm
Sunday 9am - 7pm

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+19168061247

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