Richard R Bell Broker-Manager Allyn~ Belfair Washington State Realtor

It's Official.

The Washington State Board on Geographic Names Friday approved a new "collective" name for the Body of Salt Water that includes Puget Sound, Strait of Juan de Fuca and the Georgia Strait.

"The Salish Sea".

Both British Columbia and Washington have officially adopted the name. The name has been in use since the late 1980's by government officials, scientists and sailors. The new name does not change the names of the bodies water within the Salish Sea. It does mandate that cartographers must use the "Salish Sea" on maps etc.

The Salish Sea is a fabricated name but is referenced to the peoples who had originally lived here - the Coast Salish Indian Tribes.

By the Way, The Salish Sea is the world's largest and biologically rich inland seas.

GlenAllyn Condominiums is offering Today a special 30 yr. Fixed Rate Interest at 4.74% with only a $500 flat loan fee. There is also NO APPRAISAL FEE.

GlenAllyn currently has 5 units with Special Sale Prices:

Units B4 /B5 Alpine Fir plan 1,760 sq ft. Price $399,950 Special Sale Price $369,950

Unit 6 Dogwood plan 2,328 sq ft. Price $465,950 Special Sale Price $439,950

Units A1/A2 Red Maple plan 2,016 sq. ft. Price $395,950 Special Sale Price $379,950

(Prices are subject to change and square footage is approximate.)

For more information go to : GlenAllyn.com or LakeLandLiving.com

I'm Richard Bell reporting from beautiful LakeLand Village GlenAllyn Condominiums.

The Real Estate sales report for Mason County, Wa. for the period of Oct 1 through Oct 15, 2009 reports 59 Total Closed Sales in the amount of $7,786,623.

Area A, (Shelton, Arcadia, Kamilche) had a sales count of 15 closed sales in the amount of $1,804,750. Meanwhile Area B,(Hartstene/Agate area) the sales were a bit higher than past reports with 10 closed sales in the amount of $1,693,500. Area C, (Belfair, Allyn, Grapeview), held steady with 17 sales totaling $3,073,873 and Area D, (Hoodsport/Union area) posted the same number of sales as last reported with14 sales closed in the amount of $1,214,500.

Single Family Resale Homes, on less than 5 acres, accounted for 30 of the total sales. Two New Single Family homes were sold and 1 Mulit-family unit sold. There were no Single Family Resale Homes, on more than 5 acres, SOLD.

Commercial properties sold - 0, Condominiums -0.

Land sold with a Mobile posted 8 sales and there were 13 platted lots recorded as sold. Short plats posted 4 sales and there was 1 unplatted parcel sold.

Area C ( Allyn, Belfair, Grapeview) sold 3 homes for $350,000 and up. A Treasure Island waterfront home sold for $525,000, A North shore Waterfront home sold for $414,000 and a Tahuya home sold for $365,000.

Number of homes sold for more than $200,000 :

$500,000 or More 1

$400,000 -$499,999 1

$350,000 -$399,999 1

$300,000 -$349,000 1

$250,000-$299,999 3

$200,000-$249,999 2

The average price for Single Family Resale's was $181,212 with a Median price of $157,500..

There were 102 Loans taken out in the amount of $15,663,534. The average conventional 30-year loan rate was 4.81%

A Spaghetti Dinner fundraiser for the Humane Society of Mason County will be held at the Theler Community Center in Belfair, Wa. on Friday, November 6^th, from 5 to 8:00 p.m.

The cost for the Dinner will be $10.00 per person and Children under 5 will eat free.

Included with the Spaghetti is a traditional green salad, hot garlic bread, delectable cake, sodas, coffee and water.

In addition, "Wine and Beer" will be offered but at an extra cost.

Also, for your Entertainment, Singer/Songwriter Kel Schmitz, will be playing some oldies, Country, Folk and of course Original Songs.

I hope that all you pet owners, aficionados and devotees will support this worthy fundraiser.

July 1, 2010 is the date for the new Washington State Real Esate Licensing Law to go into effect. We, in Washington State, often refer to it as RCW 18.85.

What RCW 18.85 does is change license structure and provides for new education requirements.

The New Structure looks like this:

•1. All licensed Salespersons will be considered Brokers.

•2. All licensed Associate Brokers and Designated Brokers will be considered "Managing Brokers".

•3. All Designated Brokers will also be considered "Licensed to the Firm".

The New Education Requirements to Obtain a License:

•1. Brokers (Salespersons):

•a. Pre-license Requirements - 90 hours of education in - Fundamentals (60 hours) and Practices (30 hours).

•b. 1^st Renewal Requirements - 90 hours of education in - Advanced Practices (30 hrs), Real Estate Law (30hrs), Core: Current Trends & Issues (3hrs) and Elective Courses (27hrs)

•c. Renewal Requirements - Core: Current Trends & Issues (3hrs) and Elective Courses (30hrs).

•2. Managing Brokers (Associate Brokers and Designated Brokers):

•a. Pre - license Requirements - 90 hours of education in - Advanced Real Estate Law (30hrs), Brokerage Management (30hrs) and Business Management (30hrs).

•b. Renewal Requirements - Core: Current Trends & Issues (3hrs) and Elective Courses (27hrs).

For those who are a new and a currently licensed salesperson and your first license renewal falls after July 1, 2010 you will be required to take all the education listed above for a Broker's first renewal (90 hrs) as well as the Transition Course.

The Transition Course Requirement:

All licensees will be issued their new licenses upon their first renewal after July 1, 2010. In order to be issued a new license, all licensees are required to take the new 3 hr Transition Course.

Well, there you have it - RCW 18.85.