Reston, VA (PRWEB) January 29, 2014

On January 18th, the Synergy Design & Construction team joined a sold-out crowd of remodeling professionals at the Pooks Hill Marriott in Bethesda, Maryland, for the NARI Metro DC chapters Contractor of the Year (CotY) awards ceremony. Held every year in January, the gala event honors members with Finalist, Merit, and Grand awards in 37 renovation and construction categories. The 3rd-largest NARI chapter in the US, NARI Metro DC has traditionally received the largest volume of CotY project entries of any chapter. Awards are hard-won in all categories, especially those dedicated to mid-range kitchens and bath, residential interiors, and whole-home renovations.

This year, Synergy D&C, a design-build firm located in Reston, VA, was honored to receive the Grand award in the Commercial Interior category for a complete revamp and expansion of the Palmercare Chiropractic main office, as well as a Merit award for Residential Interior Under $250,000 for an open-floorplan kitchen and family room.

Mina Fies, Synergy Founder and CEO, is delighted with the recognition the firm has received for the two projects. "Winning not only one but two CotY awards is a huge accomplishment," she shares. "The projects are judged very meticulously based on function, aesthetics, improvement of the space, craftsmanship, and creative solutions. We are very honored to be recognized for Grand- and Merit-level projects amidst such a talented group of remodeling professionals."

The two renovation projects, both in Loudoun County, were designed solely by Synergy D&C, with work including space planning, materials selections, construction documents and more. The construction of the residential interior remodel was also completed by Synergy, which provides project management services, trade coordination, carpentry, and thorough project-long communication.

The two newest awards will join Synergy's three previous CotY awards from 2010 through 2012, which also recognized both commercial and residential interior work.

About Synergy Design & Construction, Inc. Synergy D&C is an award-winning woman-owned, Class A General Contractor serving Virginia and Maryland. Committed to excellence in customer service and innovative strategies for remodeling success, Synergy D&C launched at the height of the recession, and has garnered recognition through several Master Design and Contractor of the Year awards and has been featured on HGTV's "Bang for your Buck."

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Synergy Design & Construction Receives Remodeling-Industry Awards for Two Washington, D.C.-Area Projects

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DES PLAINES, IL -- The National Association of the Remodeling Industrys (NARI) fourth-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions continues to show growth. Although remodelers report the highest overall rating on business conditions, at 6.51 (from 6.41 last quarter), numbers in most other categories experienced a slight drop.

Many remodelers entered 2014 with jobs in the pipeline, which hasnt happened in the past few years, says Tom OGrady, CR, CKBR, chairman of NARIs Strategic Planning & Research Committee and president of OGrady Builders, based in Drexel Hill, Pa. Although inquiries, requests for bids and conversion of bids are down in Q4, that backlog has given remodelers confidence that the overall business conditions will remain positive.

Growth indicators in the fourth quarter of 2013 are as follows (rating is from 1 to 9, where 1 is much worse than a year ago and 9 is much better; 5 is about the same as last year):

Current business conditions was rated 6.51 (from 6.41 last quarter) Number of inquiries fell to 6.2, a significant drop from 6.55 last quarter. Requests for bids fell to 6.22 from 6.45, a significant decline from last quarter.

Conversion of bids to jobs continues to be the weakest measure remaining flat at 6.03.

Value of jobs sold declined to 6.27 from 6.31 recorded last quarter.

Conversion of bids to jobs continues to be the weakest measure when compared to the same time last year. Yet, the projected strength of sales in three months had a significant increase to 6.41 from the 6.12 recorded in September.

The fourth quarter of this year was very strong for many remodelers, as reflected in the Remodeling Business Pulse Survey, OGrady says. Average sale prices continue to rise, and consumers are more comfortable spending money on projects that will increase the value of their homes.

Other significant contributors to overall activity:

People needing to do projects that had been postponed was selected by 75 percent (down from 85 percent last quarter)

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Remodeling Market Continues To Show Growth, According to NARI

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NEW YORK (TheStreet) -- For investors looking to profit from the rebounding U.S. housing market, stocks in the repair and rebuilding sector such as Home Depot (HD) and Lowe's (LOW) should do better than DR Horton (DHI), Beazer Homes (BZH), and other home builders.

At present, home sales are starting to cool down, according to the National Association of Realtors. But the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University predicts that remodeling work will increase at a double digit rate for early 2014.

December home sales were the second weakest month for 2013.

Last year, real estate buying was at its highest level since 2006. But investors should not expect that to continue. Joel Narooff, Chief Economist for National Economic Advisors, warned that the pace was simply "not sustainable" due to "mortgage rates likely to move up this year, sales and price gains will likely be half of what we saw last year." Moreover, November's rate was adjusted, so the December sales report was not that bullish.

Even if mortgage rates go up, that will not curtail remodeling work.

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The only thing that John Hall, principal designer at Hall Design Group in Chagrin Falls, requires of new clients at the start of a remodeling project is an open mind.

Then we can work through the planning process together, Hall said during a presentation on the opening day of the NARI Home Improvement Show running through Sunday, Jan. 26 at the I-X Center. The show gives homeowners who are planning spring home improvement projects an opportunity to see new products and talk with some of the areas top design/build companies and interior designers.

Everyone who starts a project needs to know if they define themselves as a DIYer, a DIYer who needs design guidelines or someone who needs a professional to do the job for them, Hall said.

During the initial phases, you should gather photographs of what you like, talk to friends and visit showrooms, home shows and model homes, he said. Houzz.com and Gardenweb.com are helpful websites that allow web browses to share photos and ideas.

Every job has three phases design, product and labor. The labor will make or break a job, Hall said. You shouldnt be in business if you cant return phone calls in 24 hours.

NARI Home Show visitors found ideas and inspiration at the Neighborhood Trends exhibit sponsored by Artistic Renovations, a design/build firm in Seven Hills. The display included a contemporary suburban living/kitchen space featuring a gas fireplace, custom cabinetry and backsplash tiles made of recycled glass. A modern downtown loft space featured furniture made from reclaimed lumber and LED lighting.

Were showing what is available in Cleveland, said Artistic Renovations president Ken Perrin.

The NARI Home Improvement Show takes place at the I-X Center this weekend. Hours are 10 a.m. to 9 p.m. Friday and Saturday, Jan. 24-25, and 10 a.m. to 5 p.m. Sunday, Jan. 26. Admission: $14. Contact: NARIHomeShow.com

Here are some schedule highlights:

Friday, Jan. 24

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Remodeling tips on tap this weekend at NARI Home Improvement Show (video)