A $4.25M home in Rancho Mirage for the Obamas?

Did the Obamas Just Pay $4.25M For a Swank SoCal Spread?. that the First Family is in contract on a 8,200-square-foot contemporary mansion in the exclusive Rancho Mirage, the home is in.

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According to unconfirmed reports, President Obama and First Lady Michelle are in the process of buying a home in the Californian Desert area of Thunderbird Heights, resting in the Rancho Mirage community. The house was originally listed in 2006 for $9.5 million but has since been reduced six times.

President Obama and his wife, Michelle, could be the owners of a home in Rancho Mirage listed at $4.25 million before the month is out. The First Family is believed to be in escrow on a.

Housing Prices Post Record Decline in Q2 Related article: High Oil Prices. to a record 22 deals of $1 billion or greater in Q4 2012 and five in Q1 2013. For perspective, the average pace of deals greater than $1 billion since 2007 is 8.75.Clear Capital: Momentum continues to build for housing recovery Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P The S&P Case-Shiller Home Price Index has recorded gains in four of the previous five quarters, including a 4.7% jump between April and June 2010.. The inventory of homes is high with nearly 3.

Additionally, the white house responds:. warming, MSM should be at home on really hot planets like Mercury or Venus.. night, perhaps it should be Trump asking to audit the Obama’s taxes paid.. Rancho Mirage, CA residence . . . $4.25M/The Los angeles-based interior designer Michael S. Smith is.

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Obama family set to buy $4.25M desert home: Report This is a political forum that is non-biased/non-partisan and treats every persons position on topics equally. This debate forum is not aligned to any political party.

It’s 2002, All Over Again: Homeownership Registers Record Drop in 2007 Contents Wall street journal. residential mortgage lender survives atr/qm challenge executive summary. minute read. common sense rules safe-harbor qualified Mortgages: Of the total pool, 399 loans (approximately 98.1% of the pool) have application dates of Jan. 10, 2014 or later and are, therefore, subject to the ability-to-repay.

and they are rumored to have bought homes in Rancho Mirage in the California desert and in Hawaii. Even allowing for the Obamas’ ongoing ties to the planned presidential library in nearby Jackson Park.

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Zillow helps you find the newest Rancho Mirage real estate listings. By analyzing information on thousands of single family homes for sale in Rancho Mirage, California and across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index for Rancho Mirage proper, its neighborhoods and surrounding areas.

Obama family set to buy $4.25M desert home: Report This is a political forum that is non-biased/non-partisan and treats every persons position on topics equally. This debate forum is not aligned to any political party.