Economic Impact

4 articles

Homeowner stressed by rising costs and project delays due to skilled trades shortage, with a contractor explaining the situation.

Services

Skilled trades shortage to increase costs for homeowners

Approximately $71 billion in taxes will be lost by 2030 due to vacant trade jobs, a stark indicator of the U.

Olivia Hart·May 10, 2026

A stunning, high-end kitchen renovation in progress, featuring marble countertops, custom cabinets, and natural light, symbolizing homeowners' focus on luxury upgrades.

Home Improvement

Delaying Selling, Homeowners Focus on High-End Renovations

While 50% of U.S. homeowners are planning home renovations in 2026, this marks a decrease from the previous year, according to Kitchen & Bath Design News . This reduction in activity occurs even a

Ethan Rowe·May 8, 2026

Construction site with a 'Help Wanted' sign, showing a homeowner's concern due to contractor unavailability and long wait times.

Services

Skilled trades shortage impacts home services, driving up costs

In Berkshire County, Massachusetts, contractors are now booked out six months in advance, a direct consequence of a shrinking workforce impacting home services in 2026.

Olivia Hart·May 5, 2026

An illustrative image showing the stark contrast between expensive, unattainable suburban homes and the growing reality of urban apartment living, symbolizing the shift in homeownership.

Real Estate

Beyond the Down Payment: How Rising Homeownership Costs Are Reshaping the Market

With home prices over 40% above pre-pandemic levels, rising homeownership costs are forcing a market shift. Here’s how the growing renter demographic is changing the game for home brands.

Mason Clarke·March 30, 2026