Little Rock native appointed to Federal Reserve Bank council to share expert real estate insights.
Little Rock, ARK—James T. (J.T.) Ferstl, president of Ferstl Valuation Services, has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis. As a licensed attorney, appraiser, and real estate broker, J.T. is in a unique position to offer expert recommendations to the St. Louis Fed on behalf of the people of Arkansas.
The Real Estate Industry Council, which meets twice a year, was designed by the St. Louis Fed to ensure that the conditions of main street America are reflected in the financial policy decisions in Washington.
J.T. Ferstl’s first meeting with the council took place on June 20th, and he looks forward to sharing his insights about how economic data and member input help to inform policy deliberations in Washington.
“Taking part in the real estate council is a reminder to Arkansans that Washington doesn’t make isolated decisions—our input makes a difference for U.S. monetary policy.” Said J.T. regarding his experience on the council.
The St. Louis Fed is one of 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., makes up the Federal Reserve System. This system formulates U.S. monetary policy and provides payment services to the U.S. government.
J.T. looks forward to representing his community and offering expert input to the council in his second meeting, which will take place later this year.
About Ferstl Valuation Services: Since 1967, Ferstl Valuation Services has been providing real estate expert witness services, commercial appraisals, residential appraisals, and real estate consulting to Arkansas and the surrounding states. With offices located in Arkansas and now in Florida, Ferstl Valuation offers clients reliable and trustworthy services and is available at (501) 313-0641.