With all eyes focused on Washington, DC for the 2009 Inaugural Events, it seemed only appropriate to honor the most famous home of them all. The White House will soon be home to the 44th president of the United States, Barack Obama.
Ever wondered what it might cost to buy the White House? Well, the people at Zillow did. They came up with a "zestimate of value" of $300,111,000. Wow! That's expensive. Check out the monthly payment that you would be responsible for ($1,400,378) if you really bought the place. Ouch.
Zillows a fun website. There's a lot of good information there but be careful of the zestimates. If you really want to know what your home in Southeast Texas is worth you need a local real estate expert, like me to provide you with a competitive market analysis.
As for the new residents at 1600 Pennsylvania Avenue, I wonder if they got a sellers disclosure before they moved in. I have to give my friend and colleague Hojin Chang and his Southwest Orlando Blog the credit for this post. Its his post that gave me the idea. Being appropriate for the week, I couldn't resist. Besides it will be at least another four years before I could blog about the White House again.
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