The Kelley | Westbrook Group has yet to specifically address the effects of presidential elections on Los Angeles real estate. However, several sources provide insights into how elections generally influence the region's real estate market.
During election years, real estate markets, including those in Los Angeles, can experience a slight slowdown as buyers and sellers adopt a "wait and see" approach due to political uncertainty. However, these effects are often temporary, and the market tends to rebound afterward. For example, historical data shows that home sales increased the following year after 9 out of the last 11 presidential elections. Prices generally continue to rise, particularly in luxury markets, and mortgage rates often see a slight decrease, enhancing purchasing power.​
