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

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Obamas are buying $4.25M desert home in California: report. Times that the First Family is in escrow on the custom-built compound in the ritzy Thunderbird Heights community of Rancho Mirage. Get an ad-free experience with special benefits, and directly support Reddit.

Talk Resurfaces that Obama is Buying Rancho Mirage Home If the rumors are true, here are some property listings the president should explore. By Beckie Strum and Lucy Cohen Blatter

Did the Obamas buy a house in Rancho Mirage? The question has dogged me since my fourth week at The Desert Sun, when former president Barack Obama visited the desert for a President’s Day golfing.

But it’s not that hot.” The President’s motorcade pulled into Thunderbird Country Club in Rancho Mirage about 5 p.m., home to the PGA Tour’s Humana Challenge. Obama didn’t appear bothered by the heat.

Square foor rancho mirage getaway A few days later, Vogue reported that "whispers have begun to surface that the Obamas may buy a $4.2 million home in Rancho Mirage." The Desert Sun routinely examines public property records and.

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US President Barack Obama and his wife, Michelle, could be the owners of a US$4.25 million home in the southern California desert community of Rancho Mirage before the month is out.

First-time homebuyers are too few in number to absorb inventory overhang The "shadow inventory" is the overhang of homes expected to move through foreclosure. edged down from 71,000 in January to 65,000 in February, and that the number of homes in a state of foreclosure.

Outgoing and, by all accounts, semi-retired, President Obama is reportedly eyeing a home in Rancho Mirage listed at $4.25 million, and the first couple might be closing before the month is out.

When they vacate the White House, the Obama family will be moving into a nine-bedroom home nearby while Sasha finishes school – but that’s not the only new abode where the First Family will make new.

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At about 8 p.m., the motorcade arrived at the Thunderbird Heights gated community in Rancho Mirage. The Obamas are staying at the home of outgoing U.S. Ambassador to Spain James Costos and his husband.

The Rancho Mirage home once. The rumors began when Obama visited the desert in June, his third trip to the Coachella Valley over the past year and a half. During his visit, Obama was believed to.