Category Archives: News

News about the U.S. real estate market and profession.

Tutera Senior Living & Health Care Completes $55-Million, Luxury, Rental-Based Tiffany Springs Senior Living Community in North Kansas City

KANSAS CITY, MO. (STL.News) – Tutera Senior Living & Health Care announces the completion of Tiffany Springs Senior Living, its $55-million, luxury, rental-based community in North Kansas City. A special…

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A lesson on time series to get you started with FREDcast : Learn how to go from zero to forecasting hero

Two years ago, the St. Louis Fed introduced FREDcast, a forecasting game in the style of fantasy sports. In FREDcast, users enter a forecast for four economic time series each month: GDP, payroll employment, the unemployment rate, and CPI. Now in its third year, FREDcast is growing in popularity and taking hold at some major universities.
The motivation behind FREDcast has been to lower the barriers of forecasting macroeconomic time series, and the game is designed so that anyone with a basic understanding of data can join the game and start forecasting. One of the major challenges, though, is establishing that common, basic understanding of time series data. So let’s lay out a few concepts and definitions to get you started.
What is a time series?
In plain English, a time series is a sequence of data observations collected over time. For example, a collection of the daily closing values of the Dow

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