Greater Portland Market

The average change in Portland metro area home prices over the past year is now -6.1%.  This means the average Portland area home is still losing value at the rate of -0.5% each month (1/2 of 1%).  Portland's home backlog is now at 6 months, a continued improvement. This means at the current rate of sales it will now take 6 months before our market 'runs out of homes.'  Read the full Portland area report here.      

Greater Salem Market

Home prices in the greater Salem area have changed by -3.9% over the past year, with the backlog of housing inventory currently at  9.8 months.  The Salem area report can be viewed here.

Local Ten Year Home Price Chart

Are you curious how current Oregon home prices compare to the past decade?  Our current market has us back to 2005 levels. Check out the 10 year home price graph below & click on it for detailed data.

Or here for the greater Salem area price report

A very popular 1948 film starring actor Cary Grant was 'Mr. Blandings Builds His Dream House.'  Based on the book by Eric Hodgins of an actual colonial style house in Connecticut, the story follows a man from the city who moves to the country with his family. There, they hope to build a magnificent rural home.  

World Famous Movie Star Cary Grant

Creative Publicity Used
In the old days, movie studios used clever publicity campaigns to promote films on a national scale. For Mr. Blandings Builds His Dream House, RKO Studios had dozens of replicas built of the California home in the film, for the purpose of raffling them off. They hoped this would generate excitement and boost film ticket sales.  

Mr. Blandings Dream House In Film

The Portland Connection
The homes built to promote the film were located all over the country, including one in Portland, Oregon. Our local 'Mr. Blandings Dream House' is located in a nice but unassuming West Portland neighborhood.   

Mr. Blandings Portland Home Today