BRU: Handbuilt Beer in Boulder

BRU: Handbuilt Beer in Boulder

BRU tapwall

Beer in Boulder has its own zone. Dubbed the “Brewmuda Triangle” by those in the know, East Boulder is home to many of the town’s newest craft breweries.

One of those, BRU, also features a welcome ambiance and exceptional food. With brewing equipment proudly on display behind plate glass windows that encompass most of one wall, BRU embraces the art of pairing craft beer and good food. It’s a deliciously winning combination.

BRU is located in a strip mall (yet again) that hides an amazing interior decor. There are plants hung on walls in mason jars, warm earth tones and pillows put on the benches for comfort. In addition to small tables and a front patio dining area, BRU also has a bar area and very special chef seats perched on the edge of the open kitchen. It’s common to see seating like this at sushi bars but it’s rare to see in other types of restaurants. The BRU chefs wanted a way to interact with customers and put on a culinary show.

Mission accomplished.

beers

The beer menu is Belgian-heavy, with lots of Belgian yeast and mentions of the style. A favorite, the Citrum IPA, is perfect for hop-lovers. The combination of lemon and juniper increase both the bitterness and the intensity of the beer. All of BRU’s brews are unfiltered and pints cost $5, so come thirsty. And if you can’t make up your mind, you can always choose a flight of 5 sample beers or order the half-pint fun size. Happy hour runs daily from 3-6pm.

Pick a food trend and BRU probably has it on their menu: cured, braised, smoked, roasted, charred & pickled. And all delicious. That’s what you get with a wood-burning oven and talented chefs.

They serve sandwiches and pizzas that sound gourmet but simply taste divine. With thick-sliced pepperoni, duck confit and arugula as pizza toppings, even the snobbiest of Boulder palates will find something to like. Two very interesting things to notice in the list of ingredients for different salads: buttermilk shaved ice and flan. Nicely played, BRU.

Tara Cahliman YourBoulder.com 

Cheers to that!

 

 

John Marcotte

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5 Essential Questions to Ask Before Hiring a Contractor

5 Essential Questions to Ask Before Hiring a Contractor

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5 Questions to Ask Before Hiring a Contractor Thinking of finishing your basement or remodeling your home?……. For all of the excitement of choosing plumbing fixtures (have a peek here), cabinets, and tiles for a remodeling project, the most important decision you make won’t involve color swatches or glossy brochures. It’s the contractor you pick that makes or breaks the job. That choice will determine the quality of the craftsmanship, the timeliness of the work, and the amount of emotional and financial stress the process puts on you. To make sure you’re getting the best contractor for the home remodeling or bathroom remodeling job, here are five questions to ask the candidates. Hire an expert in plumbing installation in chicagoland if you’re planning to remodel your bathroom or kitchen.

1. Would you please itemize your bid?

Many contractors prefer to give you a single, bottom-line price for your project, but this puts you in the dark about what they’re charging for each aspect of the job. For example, let’s say the original plan calls for beadboard wainscot in your bathroom, but you decide not to install it after all. How much should you be credited for eliminating that work? With a single bottom-line price, you have no way to know.

On the other hand, if you get an itemized bid, it’ll show the costs for all of the various elements of the job—demolition, framing, plumbing like the ones at Quick Greeneville Plumber services, electrical, tile, fixtures, and so forth. That makes it easier to compare different contractors’ prices and see where the discrepancies are. If you need to cut the project costs, you can easily assess your options. Plus, an itemized bid becomes valuable documentation about the exact scope of the project, which may eliminate disputes later.

The contractor shouldn’t give you a hard time about itemizing his bid. He has to figure out his total price line by line anyway, so you’re not asking him to do more work, only to share the details. If he resists, it means he wants to withhold important information about his bid—a red flag for sure.

2. Is your bid an estimate or a fixed price?

Homeowners generally assume that the bid they’re seeing is a fixed price, but some contractors treat their proposals as estimates, meaning bills could wind up being higher in the end. If he calls it an estimate, request a fixed price bid instead. If he says he can’t offer a fixed price because there are too many unknowns about the job, then eliminate the unknowns.

For example, have him open up a wall to check the structure he’s unsure about or go back to your architect and solidify custom home design plans. If you simply cannot resolve the unknowns he’s concerned about, have the project specs describe what he expects to do—and if he needs to do additional work later, you can do a change order (a written mini-bid for new work).

3. How long have you been doing business in this town?

A contractor who’s been plying his trade locally for 5 or 10 years has an established network of subcontractors and suppliers in the area and a local reputation to uphold. That makes him a safer bet than a contractor who’s either new to the business or new to the area—or who’s planning to commute to your job from 50 miles away.

You want to see a nearby address (not a PO box) on his business card—and should ask him to include one or two of his earliest clients on your list of references. This will help you verify that he hasn’t just recently hung his shingle—and will give you perspective from a homeowner who has lived with the contractor’s work for years. After all, the test of a quality job, whether it’s a bluestone patio or a family room addition, is how well it stands the test of time.

4. Who are your main suppliers?

You’ve found a few potential contractors, you’ve talked to the happy former clients on each of their reference lists, now it’s time for one additional bit of homework: talking to their primary suppliers. There’s no better reference for a tile setter, for example, than his preferred tile shop; for a general contractor than his favorite lumberyard or home center pro desk; for a plumber than the kitchen and bath showroom where he’s on a first name basis.

The proprietors of these shops know a contractor’s professional reputation, whether he has left a trail of unhappy customers in his wake, if he’s reliable about paying his bills—and whether he’s someone you’ll want to hire. The contractor should have absolutely no qualms about telling you where he gets his materials, as long as he’s an upstanding customer.

5. I’d like to meet the job foreman—can you take me to a project he’s running?

Many contractors don’t actually swing hammers. They spend their days bidding new work and managing their various jobs and workers. In some cases, the contractor you hire may not visit the jobsite every day—or may not even show himself again after you’ve signed the contract. So the job foreman—the one who’s working on your project every day—is actually the most important member of your team.

Meeting him in person and seeing a job that he’s running should give you a feel for whether he’s someone you want managing your project. Plus, it gives the general contractor an incentive to assign you one of his better crews since you’re more likely to hire him if you see his A Team. If the contractor says he’ll be running the job himself, ask whether he’ll be there every day. Again, he’ll want to give you a positive response—something you can hold him to later on.

Bank of America expects civil charges over mortgage bonds

Bank of America expects civil charges over mortgage bonds

 
The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles November 17, 2011. REUTERS/Fred Prouser

 

The Justice Department intends to file civil charges against Bank of America Corp (BAC.N) linked to a sale of one or two mortgage bonds, the bank said on Thursday in a regulatory filing.

The Securities and Exchange Commission may also file civil charges for one of those bonds, the bank said. Both cases relate to mortgages that were too big to be guaranteed by Fannie Mae or Freddie Mac, but were packaged into “jumbo” mortgage bonds.

The filing did not specify what the cases were about. A Bank of America spokesman did not immediately return a call seeking comment.

The new charges, disclosed in a quarterly filing, underscore the extent of the second-largest U.S. bank’s hangover from the financial crisis. Bank of America has announced a series of settlements with investors and the U.S. government, including an $8.5 billion settlement with investors in mortgage-backed securities and a $1.6 billion deal with bond insurer MBIA Inc (MBI.N).

Staff at the New York Attorney General’s office said they intend to recommend filing an action against the bank’s Merrill Lynch unit from their mortgage bond investigation, the bank said in the filing.

The SEC is also considering civil charges against Merrill Lynch linked to repackaged debt securities known as collateralized debt obligations, the filing said.

Many of Bank of America’s headaches, including the $8.5 billion settlement, arise from its disastrous 2008 acquisition of Countrywide Financial Corp, a mortgage lender it bought at the height of the housing crisis for $2.5 billion. Analysts estimate the bank has lost more than $40 billion from bad loans, litigation and settlements linked to the purchase.

(Reporting by Dan Wilchins in New York; Editing by Peter Rudegeair and Lisa Shumaker)

 

John Marcotte

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Luxury home sales up 63.5%

 

Luxury home sales up 63.5%

John Fitzpatrick and Sean Larkin of the Kentwood Co. in the DTC are listing this 17,437-squat-foot house in Parker for $3.95 million.

John Fitzpatrick and Sean Larkin of Kentwood Co.-DTC office are listing this 17,437-squat-foot house in Parker for $3.95 million.

The luxury home market in the Denver area in July experienced a 63.5 percent year-over-year gain, the second biggest percentage gain of any month this year, according to a report by Kentwood Real Estate.

The percentage gain for homes that closed at $1 million or more was only bested by April, in which luxury home sales catapulted by an incredible 140.7 percent.

The July year-over-year percentage gain was almost twice the 32.2 percent gain in closings for the entire market. However, as always, the number of people buying homes that cost at least $1 million represents a small percent of the overall market.

Buyers purchased 85 luxury homes in the core Denver-area counties of Adams, Arapahoe, Broomfield, Denver, Douglas and Elbert counties, according to the Kentwood report.

In July 2012, buyers purchased 52 homes.

The closed sales value, on a year-over-year basis in July, was commensurate with the number of sales.

The total sales volume for luxury homes last month rose 61.6 percent to $134.5 million, compared with $83.2 million in July 2012.

Every month this year, so far, has improved when compared with the same month in 2012.

On a year-over-year, monthly basis sales have risen:

  • 12 percent in January.
  • 7 percent in February.
  • 20 percent in March.
  • 140.7 percent in April.
  • 23.6 percent in June.
  • 63.5 percent in July.

Year-to-date, the number of luxury transactions increased 43.3 percent to 417 compared with 291 in the first seven months of 2012, while the dollar volume is up 42.5 percent to $634.3 million, compared with $445.1 million.

Sellers shouldn’t over-price even in strong market!

Boulder Luxury homes

 

 

John Marcotte

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Boulder Coupons & Special Offers

Boulder Coupons & Special Offers

We’ve been bargain-hunting in Boulder… just for you! Find great savings at Boulder-area hotels, restaurants and attractions with this list of special offers and coupons. With so many money-saving offers, it’s easy to dive into Boulder — without diving into your wallet.

There are plenty of great savings for you to choose from! Just go to a category and click on the offer title to view the special offer or coupon. You can also click on the company name for more information on the company.

 

SERVICES

Offer

Offer Valid

7/1/2013 – 12/31/2013

eGo Car Share

eGo CarShare

Visiting Boulder and need a car for a few hours or a few days? eGo CarShare offers 24/7 pay-as-you-go access to a fleet of 40+ conveniently located vehicles throughout Boulder and Denver. Use promo code “BCVB25-2013” to get $10 off your application… more

 

 

 

John Marcotte

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Wonderland HIlls Neighborhood Guide

Wonderland Hills Neighborhood Guide

By  of YOURboulder.com

wonderland lake boulder

You never hear people talking about the Wonderland Hills neighborhood. Perhaps it gets overshadowed by the fancy neighborhood to the south — Newlands — or perhaps the residents of Wonderland Hills just know how to keep a secret. Whatever the reason, this neighborhood offers residents quiet living, large lots and easy access to the Wonderland Lake.

History: Wonderland Hills got it’s start in the early 70′s as a new high-end development. It was designed to be a “luxury” suburb of Boulder that provided proximity to both the foothills and the vibrant downtown scene…mountain living without all that pesky driving.

Housing: The Wonderland Hills area features a mix of condos and single-family homes. Set along peaceful residential streets, this neighborhood feels farther away from town that it really is and as you might expect, there is a price to pay for the calm. Houses range from the $400,000′s to the millions and consist of spacious layouts situated on large lots.

Restaurants & Shopping: Living in Wonderland Hills gets you close to many of the favorite North Boulder institutions, including China Gourmet, Lucky’s Market and Dagabi. And should you want to venture farther, all of Pearl Street awaits a mere 10-minute SKIP bus ride away. With RTD bus stops located up and down Broadway (not to mention, a wide bike lane), you can travel all over Boulder with little hassle.

Into Wonderland Lake

Photo by Zane Selvans on Flickr

Family & Fitness: The crowning jewel of this neighborhood is really Wonderland Lake and the extensive trail system that allows for miles of biking, hiking and general adventuring. Children of all ages will find something to love here. In addition to the many paths, the lake area also has a park with kid’s play structures, benches and a large open lawn perfect for picnicking. If outdoor recreation isn’t your thing, the North Boulder Rec Center is nearby. It offers a weight room, indoor pool and a variety of fitness classes.

Boulder County Schools

 

John Marcotte

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Community Cycles: A Boulder Bike Shop with Heart

Community Cycles: A Boulder Bike Shop with Heart

By  of YOURboulder.com

your boulder community cycles Tucked into a quiet industrial park behind Boulder Beer sits an unassuming little bike shop.

But this little bike shop is unlike the others you find around town. Community Cycles is a non profit bike collective that has been doing good things for the Boulder biking community since 2006.

Not only do they accept donations of old used bikes, but they also use those very bikes to teach the basics of bicycle maintenance. Brilliant, right?

The combination of education, advocacy and community involvement has proved to be a smart one indeed for Community Cycles. They work on a membership and donation system. Once you become a member, you get all the benefits of having your very own bike shop.

In addition to being able to find just the right part, you can use the service bays to fix your bike and rent trailers at no extra charge. And since Community Cycles is located right off the bike path, they often receive “roll-up” donations from riders who have found bicycles abandoned along the path. The bikes that are for sale in the retail area of the shop have all been completely refurbished and perform like new.

With the wide array of workshops, classes and rolling bike clinics, there’s no reason not to jump in and get involved. Learning the fundamentals of fixing your own bike is highly recommended, especially if you’re riding it regularly and don’t want to spend a ton of money on service work.

From the beginner to the more advanced rider, Community Cycles offers education for all levels. On August 3rd, Community Cycles is offering a Saturday workshop introducing women to the basics of bike commuting. And if you’re just interested in meeting other riders, there are social rides and film nights on the schedule.

According to Dax, the sales & service manager at the shop, the only challenge that Community Cycles has encountered recently is that of a rainy nature. “We have strong community support and people know who we are. Even with the slow start to the cycling season, it’s been a pretty successful year so far. Honestly, the weather has been our biggest adversary.”

Community Cycles is always on the lookout for new members and volunteers. They’re also currently hiring for a few part-time bike mechanics. If you ride a bicycle and you care about supporting others doing the same locally, then be sure to take a closer look at Community Cycles.

 

 

 

John Marcotte

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Will good news in Case Shiller continue?

Will good news in Case Shiller continue?

The S&P/Case Shiller numbers came out on June 25 and it’s no surprise that it shows the real estate marketrecovering nicely around Denver and the nation.

The Case Shiller Index is a leading indicator used to measure the value of residential real estate on a monthly or quarterly basis using a specific methodology of “repeat sales comparables.”

The data shows that home prices across the nation rose by 12 percent from April of last year to April of this year.

In Denver, prices rose by 9.91 percent from last year.

Most experts predicted that the nation would see a 10.6 percent increase, so the actual numbers beat the estimates.

For those of us with boots on the ground, again, this is no surprise.

The question on everyone’s mind is — will this last?

Buyers enjoyed all the leverage in the market from 2008 to March 2011.

It started swinging in favor of sellers in April of 2011 and so for the past 27 months, sellers have had the upper hand.

I think that sellers could be in the driver’s seats for another 18 to 24 months unless interest rates continue to climb.

In case you haven’t noticed over the last 60 to 90 days, interest rates have gone from 3.5 percent to 4.3 percent on a 30-year fixed. For a buyer purchasing a $300,000 dollar home, that monthly mortgage just went up by about $140 per month,

I know that everyone pays a lot of attention to rising home prices, but rising interests rates will cost you more in the long run every time.

If you are a buyer and have been hesitant on when to buy, don’t wait any longer.

Rising interest rates and rising home prices are a double whammy. That $300,000 dollar home will be $325,000 before you know it, and the interest rate may even be 5 percent.

 

By Dan Polimino

Special to InsideRealEstateNews.com

 

 

John Marcotte

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Boulder Neighborhood Guide: Martin Acres

Boulder Neighborhood Guide: Martin Acres

Martin Acres neighborhood in Boulder, CO

Martin Acres is a fantastically convenient and surprisingly affordable Boulder neighborhood. With easy access to U.S. 36, a major RTD bus route and lots of bike paths, living here means you get anywhere you want to go with little hassle.

History: This neighborhood started out as a Boulder suburb in the 1950s. With the completion of the Denver-Boulder Turnpike, the population of the area started growing. What first began as a neighborhood of small family housing quickly turned into a college rental hotbed. These days, you’ll find a nice mix of student rentals with more and more families coming back to call this neighborhood home.

Housing: If you’re price-conscious, then this is the neighborhood for you. One of the most affordable parts of town, it’s still possible to find good deals on houses, many starting in the low $300′s (which is a good deal in Boulder). Many of the houses are 50′s ranch-style or 60′s tri-level. But driving around the neighborhood, you’ll see folks popping the tops (code for adding second stories) and changing the architectural design of their house to make it more eco-friendly.

boulder southern sun brewery tapwall

photo credit: David Ellis on Flickr

Restaurants & Shopping: Martin Acres is located across the intersection from the Table Mesa shopping center. Several notable South Boulder dining destinations can be found here, including the Southern Sun brewery (younger sibling to this one), the delicious breakfast spot Southside Walnut Cafe and a super-yummy bakery offering gluten-free options, Kim & Jake’s Cakes.

In addition to all this goodness, there is also a King Soopers grocerystore, a bank, coffee shop and wide range of other businesses. And if all that isn’t enough for you, Pearl Street is just a short bike ride downhill. Just remember that it’s all uphill on the way home to Martin Acres from downtown Boulder.

Family & Fitness: Two big draws of Martin Acres are the many bike paths that traverse the neighborhood and Martin Park, where community events take place, showcasing bands, food trucks and fun for the whole family. In addition to the baseball diamond, playground, tennis courts and sheltered picnic area, Martin Park is also home to the newest little library in town. Look for the small decorated box in the middle of the shelter and feel free to take a book or leave on whenever you’re there. And if you’re looking to hike, fear not. Many of South Boulder’s best trails are only a few minutes up the road, with a proper trailhead at NCAR.

Schools: Creekside Elementary, Summit Middle, and Fairview High

Quirks: Martin Acres has a well-established and active Neighborhood Association that was started in 1977. The neighborhood hosts an annual Fall Festival, where residents come together to carve pumpkins and make apple cider.

Major Street Boundaries: Broadway to U.S. 36, Baseline to Table Mesa

Even with the large number of student rentals, Martin Acres has the feeling of a real neighborhood. With it’s close proximity to just about anything you’d want to do in Boulder, Martin Acres is a bit of a hidden gem. You can still find a good deal on a house here. But that won’t be the case for long, so get yourself to Martin Acres before everyone else beats you to it.

Top photo credit: Peter Krefting

Courtesy of Tara Calihman

 

 

John Marcotte

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Buyers face a 1.7-month supply of homes

Buyers face a 1.7-month supply of homes

There is less than a two-month supply of unsold single-family homes in the Denver-area market, according to a report released today.

This 3-bedroom, 2-bathroom home at 1240 Pennsylvania St. is priced a $349,500, close to the average price of a home sold last month.

This 3-bedroom, 2-bathroom home at 1240 Pennsylvania St. is priced a $349,500, close to the average price of a home sold last month.

“Even though there were 2,505 more homes available in June than in March, buyer demand is still strong,” said Bauer, who based his report on Metrolist data.

The Denver-area home market had the fewest unsold on the markets since records have been tracked by Metrolist last March. The lower the price of a home, the lower the available months of inventory.

There was only a month’s worth of unsold homes priced just below $100,000, for example. It doesn’t get much better for homes pried below $300,000. For homes priced from $100,000 to $199,999, there was only a 1.15-month supply of homes and from $200,000 to $299,99, there was only a 1.10-month supply.

While some media outlets focused last week on the 1.7 percent drop in total closings in June from May — even though it was otherwise a record June by a number of metrics — all the drop in month-to-month sales occurred for homes priced below $400,000, according to Bauer’s analysis.

The biggest percentage drop occurred for homes priced at $99,000 or below.

Single-family homes in that price range showed a 19.2 percent drop from May. Condos in that price range showed a 21.08 percent month-to-month drop. Overall, there is only a 1.44-month of condos on the market.

“We had 59 sales from $0 to $99,999 and I think we had 59 new listings added to the active inventory in that price range last month,” Bauer said. “The other thing is that more consumers also are buying new homes. New home builders are building homes as fast as they can to keep up with consumer demand, even though they are facing challenges such as a shortage of labor, materials and finished lots.”

At the other end of the scale, there is a 17-month supply of resale homes priced at $2 million or more. However, those luxury homes also showed the biggest month-to-month percentage gain, with closings rising by 44.4 percent.

“It continued all through the recession,” he said. “The American Dream is still to own a home. It’s a lifestyle choice.”

Many consumers would rather own a home than rent, he said.

It also is becoming increasingly more expensive to be a renter, he said.

“Short-term, the impact has been minimal, but long-term, if rates continue to rise, it will have a big impact,” Bauer said.

“If rates go up another point, that will be a 2-point or 2.5-point increase from the lows,” Bauer said. “If that happens, I think we will see the market slow.”

Meanwhile, records for June set last month include:

  • Average price of a residential (single-family) home – $349,339.
  • Residential average sold price (year to date) – $328,427.
  • Single-family (all homes) – $318,541.
  • Single-family average sold price (YTD) – $301,151.
  • Residential median price – $290,000.
  • Residential median price (YTD) – $275,000.
  • Single-family homes under contract – 7,420.

Red the entire article here

John Marcotte

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