Category: Trends

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Trends
NVBEX Staff
6 Aug 2025

Nonresidential Construction Spending Down 0.1% in June

National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On...

Trends, Local News
NVBEX Staff
25 Jul 2025

Nevada Unemployment Remains High in June

While the overall unemployment rate in the State of Nevada fell from 5.5% to 5.4%, it rose in the Las Vegas Metropolitan Statistical Area from...

Local News, Trends
CJ Jorgensen
24 Jul 2025

Construction Employment Resumes 2025 Decline in June

Employment in Nevada’s Construction sector experienced a steep decline in June. In terms of seasonally adjusted data, Nevada lost 1,500 month-over-month positions. The current total...

Trends, Local News
NVBEX Staff
28 Jun 2025

Rental Prices Continue to Fall in the Las Vegas Valley

Rent in Spring Valley experienced the steepest decline in the past year out of anywhere in the Las Vegas valley. A new report released by...

Trends, Local News
NVBEX Staff
27 Jun 2025

Nevada Cuts Statewide Unemployment to 5.5% in May

Despite Nevada’s unemployment rate improving, it remains statistically the worst state nationwide. The report, produced by the Nevada Department of Employment, Training and Rehabilitation,tracks all...

Trends, Local News
CJ Jorgensen
26 Jun 2025

May Construction Employment Slightly Increases After April

Employment in Nevada’s Construction sector had a slight bounce back in May after its steep decline in April. In terms of seasonally adjusted data, Nevada...

Trends
CJ Jorgensen
19 Jun 2025

Nevada Improves its ASCE Grade, Surpasses the U.S. Average

The American Society of Engineers recently unveiled its report card for the Silver State, which shows Nevada improved from a C in 2018 to a...

Trends
NVBEX Staff
13 Jun 2025

Backlogs Down, Confidence Up in May

Associated Builders and Contractors reported its Construction Backlog Indicator fell to 8.4 months in May, according to an ABC member survey conducted May 20 to...

Trends
NVBEX Staff
16 May 2025

Backlogs, Confidence Increase in April

Associated Builders and Contractors reported its Construction Backlog Indicator rose to a 20-month high of 8.7 months in April, according to an ABC member survey...

Trends
NVBEX Staff
14 May 2025

Labor Department Issues New Guidance on Independent Contractor Classification

The Department of Labor’s Wage and Hour Division recently issued guidance on its independent contractor misclassification enforcement. The guidance comes as the 2024 Independent Contractor...

Trends
NVBEX Staff
13 May 2025

Multifamily Developer Confidence Down in Q1

Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey released by the National Association...

Local News, Trends
NVBEX Staff
10 May 2025

NVSAA Report Argues for Policy Reform

The Nevada State Apartment Association recently released a report that credited Nevada multifamily pressures to rising rental rates, a steadily increasing population and the historic...

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.