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Ocean Shores Real Estate report

According to a real estate report compiled by Jeff Daniel, managing broker at John L. Scott Ocean Shores, third quarter residential home sales in Ocean Shores were up 19 percent over the same period a year ago and average sale prices increased almost 17 percent.

Timber and wood products update

Softwood lumber prices (in U.S. dollars) have fallen throughout a majority of the main markets in the world during the second quarter because of weaker demand, ample supply throughout the distribution chain and a strengthening U.S. dollar.

Renewable Energy Group takes over biodiesel plant

Renewable Energy Group President and CEO Daniel Oh cuts the ribbon at the company’s grand-opening ceremony on Monday afternoon near the Port of Grays Harbor’s Terminal 2. The Iowa-based biodiesel company purchased Imperium Renewables in August. From left: Gary Haer, REG vice president of sales and marketing; Port Commissioner Stan Pinnick; REG Vice President of Manufacturing Brad Albin; President and CEO Daniel Oh; Greater Grays Harbor CEO Dru Garson; REG Grays Harbor Plant Manager Aaron Leatherman; Derek Winkel, REG manufacturing operations executive director.

2015 Showcase Grays Harbor Tour is set for Friday, Sept. 18, beginning at 7 a.m. with a tour of Grays Harbor College’s Bishop Center and the Gene Schermer Building.

Leaders Banquet

Greater Grays Harbor will host the 124th Leaders Banquet and Business Recognition Awards, “Grays Harbor Business: Waves of Change — Oceans of Opportunities” at the Quinault Beach Resort &Casino in Ocean Shores on Friday, Oct. 16. A silent auction starts at 6 p.m., followed by the program and dinner at 7.