NewsBreak Original

Watching the residential real estate market daily, I'm sure you'll agree it has been a wild ride since February 2020. This article will discuss the southern California market boom triggered by the COVID-19 pandemic and where we go from here.

According to The Appraisal Institute, the highest and best use of a property is defined as:. “The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, and financially feasible and that results in the highest value.”