Market Insights, News & Regulations

Economic factors, such as high interest rates, can make home remodeling projects more expensive and harder to finance. As the cost of borrowing increases, homeowners may postpone or downsize major renovations. However, this also shifts focus to making improvements on current homes rather than buying new ones, which can still create opportunities for skilled contractors and suppliers.

Trade tariffs can directly increase the cost of imported materials like quartz and porcelain. This is because tariffs are a tax on imported goods. As a result, U.S.-based importers may pass these higher costs on to consumers, which can lead to higher retail prices. Tariffs can also cause supply chain disruptions, transportation delays, and a potential reduction in the variety of products available.

The most important building and safety regulations for home surfaces in the U.S. include local building codes, which dictate standards for electrical systems, plumbing, and fire safety. Additionally, contractors must comply with OSHA regulations to ensure a safe work environment, and projects must follow environmental regulations for waste disposal.

In 2025, a key interior design trend is a shift toward warm, natural materials. Wood in caramel and honey tones is popular, as are natural stones like travertine, marble, and limestone. Matte and brushed surfaces are especially fashionable, and eco-conscious choices like reclaimed timber are also in high demand.

Homeowners can stay updated on local and regional news for home renovations by following local design/remodel firms like Neil Kelly, which often share news and trends. Additionally, checking with local building associations and following regional publications can provide valuable insights into market shifts and contractor availability.

To choose a reputable contractor for your home renovation, you should start by getting multiple estimates from at least three different professionals. You should also check their past work, verify that they are licensed and insured, and ask for a list of previous clients or references. Most importantly, get everything in writing in a detailed contract before any work begins.

Building codes ensure that all materials used in a bathroom or kitchen meet certain safety and performance standards. For example, local codes may specify that countertops must be non-porous and that all plumbing and electrical work must be installed by a licensed professional. Oscar Surfaces provides materials that are designed to meet or exceed these standards, ensuring a safe and compliant project.

A building permit is an official authorization from a local government agency that allows you to begin a construction project. A building inspection is a check by a professional to ensure that the work being done complies with all local building codes and safety regulations. Reputable contractors will handle the process of obtaining permits and scheduling inspections for you.

Material costs in the Pacific Northwest can vary compared to other regions, often influenced by local demand and logistics. For example, some designers note that while California homeowners are focused on resale value, those in the Pacific Northwest tend to have a greater appreciation for craftsmanship, which can affect the types of materials and services that are in demand.

The Federal Reserve plays a primary role in setting interest rates. When the Fed raises rates to combat inflation, the cost of borrowing for home renovation projects also increases. This can deter some homeowners from moving forward with their plans, especially for large-scale projects, and may lead to a greater demand for smaller, more affordable renovations.

A small contractor or designer can build a strong trade network by partnering with suppliers and distributors. Oscar Surfaces offers trade programs, including a consignment program that allows contractors to stock their showrooms without upfront costs, as well as sourcing programs that give them direct access to premium materials at competitive prices.

In 2025, a material is considered "sustainable" if it is sourced in an eco-conscious way, such as reclaimed timber, or if it is made with a focus on durability and a long lifespan. Materials with a low carbon footprint, that are recyclable, or that are produced with energy-efficient processes are also considered sustainable.

Global trade uncertainty can create supply chain challenges for surfaces like quartz and porcelain. Tariffs, transportation delays, and higher freight costs can disrupt production timelines, leading to longer wait times and increased labor costs for a project. Businesses can mitigate these risks by diversifying suppliers and managing their inventory.

Some signs of a bad contractor include a reluctance to provide references or financial information, an unusually low bid compared to others, a lack of proper licensing or insurance, or an unwillingness to obtain necessary permits. You should also be wary of a contractor who pressures you to make an immediate decision or asks for a large deposit upfront.

To ensure your home renovation project is a safe work environment, you should hire a contractor who complies with OSHA regulations. The work area should be properly protected with containment areas and plastic sheeting to prevent dust from spreading. Proper disposal of waste materials and a clean work area are also critical for safety.

In 2025, modern classic interiors are using a combination of natural materials and architectural details. Wood is often juxtaposed with natural stones like travertine and marble. Decorative elements like wainscoting and ceiling moldings are making a comeback with a modern twist, and mirrors in irregular frames are also popular.

A contractor's license is a certification from a local licensing board that a professional is qualified to do a specific type of work. An insurance policy protects a homeowner from liability if a worker is injured on their property or if their property is damaged during the project. It is crucial that a contractor has both a license and insurance.

Onshoring incentives are tax credits or other benefits that states and local governments offer to companies that relocate their production from overseas to domestic facilities. In response to tariffs, many companies are considering onshoring, which could lead to an increase in domestically produced surfaces and a potential reduction in the price of those materials.

Very minor and very major home renovation projects are most affected by high interest rates. While medium-scale projects (those ranging between $5,000 and $75,000) remain popular, the increased cost of financing makes it more difficult for homeowners to move forward with very large or very small renovations.

A contractor's communication style is significant because a successful renovation requires good communication and collaboration. A good contractor will listen to your ideas, address your concerns, and keep you informed throughout the process. Since you will be working closely with them for weeks or even months, a positive working relationship is key.