Appraisal Video Short: Intel Cuts 4,400+ Jobs: Real Impact on Hillsboro Resales

Intel cut over 4,400 jobs in Hillsboro from 2024–2025—mostly local. Headline prices looked stable, but condos, attached homes, and detached homes all fell when you strip out new construction. And days on market have jumped 36-63%! This shows external obsolescence hitting the Hillsboro market.

Coda

Are you an agent in Portland who wonders why appraisers always do “x”?

A homeowner with questions about appraiser methodology?

If so, feel free to reach out—I enjoy connecting with market participants across Portland and the surrounding counties, and am always happy to help where I can.

And if you’re in need of appraisal services in Portland or anywhere in the Portland Region, we’d be glad to assist.

About the Author — Abdur Abdul‑Malik, SRA, ASA

Abdur Abdul‑Malik is the founder, author, and publisher of the Portland Appraisal Blog, where he produces original regional and neighborhood‑level housing analytics for the Portland Region. He is a certified residential appraiser serving Oregon and Washington, drawing on RMLS transaction data, public records, and custom segmentation models he has built.

He developed the Portland Appraisal Blog Affordability Index (PABAI), a payment‑based affordability metric built from actual RMLS sales. PABAI incorporates weekly updates based on the prevailing 30‑year fixed mortgage rate, providing a locally grounded measure of housing affordability across the region.

Learn more → PABAI explainermortgage rate seriesfull author bio

Unknown's avatar

Author: Abdur Abdul-Malik, SRA, ASA

Certified residential appraiser licensed in Oregon and Washington, serving the Portland and Vancouver areas. I extensively serve—and blog about—Clackamas, Columbia, Hood River, Multnomah, Washington, and Yamhill counties in Oregon, as well as Clark, Cowlitz, Klickitat, and Skamania counties in Washington.

Leave a comment