The Obama’s will not be leaving Washington D.C. anytime soon. Recently our favorite family dropped $8.1 million on the home they have been renting since leaving the White House back in January.
According to CBS News, local property records state the Obama’s have purchased the Kalorama home, which has 8 bedrooms, and nine-and-a-half baths, all which was executed through their real estate holding company, Homefront Homes LLC.
Obama’s spokesperson, Kevin Lewis, said in a statement, “given that President and Mrs. Obama will be in Washington for at least another two and a half years, it made sense for them to buy a home rather than continuing to rent property.”
The first family previously mentioned that they would be staying in Washington as Sasha Obama completes the remainder of her time at her current high school.
Ironically Donald Trump’s daughter Ivanka Trump and her husband also reside in the same Kalorama neighborhood.
Roommates, what are your thoughts?
Source: http://www.cbsnews.com/news/obama-family-purchases-post-white-house-d-c-home-for-8-1-million/
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