January 28, 2010

Amster Interviewed on Market Forecast in BUILDERnews Magazine

Lane Powell Shareholder Glenn Amster was interviewed in the January issue of BUILDERnews magazine titled “Forecast 2010.” In the article, Amster discusses where he believes the real estate industry is headed in 2010 and how the industry can get back on track. He notes that in order to return the real estate industry to its feet, federal, state and local governments need to focus on economic growth: more jobs translates into more housing demand, initially filling built-up vacancies and, ultimately, returning prices to a level that will stimulate new investment in residential real estate.  Read Glenn’s input.