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The Value Of The White House

According to popular real estate website Zillow.com the White House is not immune from the recent housing crisis.  The famous house at 1600 Pennsylvania Avenue has dropped in value from $331.5 million dollars in 2007 to a mere $251.5 million at the moment.  It seems to have dropped about $5 million in value just in the past month.  It is entertaining to look at the Zillow listing—it is not often that you see single family residences of 55,000 square feet built in 1792 with forced air heating.  For more information, take a look at articles from Yahoo and the L.A. Times.


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