IRVINE, CA—We don't want to jump the gun and read too much into Ten-X's most recent Nowcast report, which shows that pricing has contracted in a few key sectors. Peter Muoio tells GlobeSt.com what the takeaways should be.

NEW YORK CITY—An online industry marketplace has appointed a regional director of business development to grow its Northeast and Mid-Atlantic operations.

IRVINE, CA—However, Ten-X's Peter Muoio says the resilient national economy “makes it likely that the current malaise is only temporary.”

LOS ANGELES—Here's a look at the latest news, announcements and deals that you may have missed in Southern California, Nevada, Arizona and Utah.