Sunday, January 31, 2010
THE WHITE HOUSE LOST MARKET VALUE TOO…
The Palm Beach Post Real Estate News page reports that, “you and your neighbors are not alone. The place the president and his family call home was worth 5.1% less last year, one analyst says.”
Zillow “zestimates” 1600 Pennsylvania Avenue, NW, Washington DC (The White House) at $288,494,000. The residence has 16 bedrooms, 35 baths and is 55,000 sq ft. They further estimate a monthly mortgage payment would be $1,216,562.