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Are the Obamas Headed to California?

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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 Los Angeles Times reports.

“The First Family is believed to be in escrow on a contemporary home in a gated community where entertainers Frank Sinatra, Bob Hope and Bing Crosby once maintained estates.”

“The White House said rumors regarding a home in Rancho Mirage are not true. But area real estate agents, who spoke on condition of anonymity, said the Obamas are the buyers of the Rancho Mirage home.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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