Editor's note: Veteran Newport Beach real estate executive Tom Iovenitti, who used to pen a column for View magazine, has agreed to contribute columns to the Coastal Real Estate section. This is his first.
Remember me? I'm still around, still actively engaged in real estate, still snooping around the streets of coastal Orange County, investing, partnering and talking to those who call or e-mail. It's great to be back in print creating interesting and area-specific articles about real estate, agency, economics, projections, optimism, disappointments and failures.
Yes, 2010 was much like fishing — a year of great expectations and countless disappointments. But what really happened, and what were the positive aspects commonly overlooked when acting in unison, like a flock of birds? By that I mean as one buyer leads the way and turns, the rest seemingly adjust.