Members of the International Code Council's Residential Building Code Committee (RBCC) have made it clear that fire sprinklers are destined to become a standard feature in all new homes. The fire sprinkler requirement was added to the International Residential Code (IRC) last year, and it is scheduled to become effective January 1, 2011, in states that adopt the latest version of this code. Currently, 48 states use the IRC as a basis of regulating residential construction, although some states lag behind in adopting updates. FULL STORY-> Some states have specific legislation that requires homeowner associations to have and follow a 30 year repair and replacement plan known as a “reserve study”. It is the kind of plan that all HOA boards should follow even if no law exists since that’s what good businesses do: plan ahead. Failure to plan for these expensive events inevitably leads to inadequate maintenance, declining property values and dreaded special assessments. FULL STORY-> If you're using Twitter to update everyone on what you're doing, but you just never seem to have the time to reply to the "Tweets" of people following you (same goes for Facebook and other social media), you're missing the point and shooting yourself in the foot. FULL STORY-> Peter L. Mosca shares part 2 an excerpt of a radio show interview with the Cato Institute's Senior Fellow Randal O'Toole who discusses a new study that examines how restrictive government policies choked off growth, encouraged localized housing bubbles, and triggered the current financial crisis. FULL STORY-> What is the number one thing that home-sellers complain about? According to Jennifer Allan, its lack of commuication. FULL STORY-> The extension of the first-time home buyer tax credit will help continue to clear out inventory, but expanding the credit to include more buyers may not be as helpful in high-cost housing areas. FULL STORY-> Go e-PRO.
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