Get the latest from TODAY
Say it ain't so!
"We have poured our blood, sweat and tears into this show," the couple announced on Joanna's blog. "We would be foolish to think we can go and go and fire on all cylinders and never stop to pause."
"This is just us recognizing that we need to catch our breath for a moment," they added. "Our plan is to take this time to shore up and strengthen the spots that are weak, rest the places that are tired and give lots of love and attention to both our family and our business."
It's true that Chip and Joanna have been busy: They recently announced plans for a new restaurant in Waco, Texas, called Magnolia Table, as well as book projects and partnerships with Target, Bed, Bath & Beyond and more.
The couple also shared a video in which they reminisced about the show's start.
"I remember it like it was yesterday," Chip said. "Five years ago, roughly, we were contacted by a production company who wanted to do a show about us here in our beautiful hometown of Waco, Texas. One thing led to another and of course a pilot was born, called 'Fixer Upper.' And this journey has been indescribable, the opportunity of a lifetime. Our family has grown up before our eyes, on national television, which is an experience that I can tell you is beautiful."
Joanna added that although the announcement is "bittersweet," she's excited for the chance to slow down and spend time with their children.
"I think the idea that we get to kind of step back and get fresh vision and get some rest, but also just hunker down with our kiddos, is something that we're excited about," she said.
The fifth and final season starts in November. You can bet we'll be watching — with tissues!