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Real estate agents in Rancho Mirage, Calif., are convinced that President Barack Obama has purchased an 8,200-square-foot contemporary currently in contract for $4.25M. The White House has denied the rumor, but if it were true, it would make the First Family neighbors with White House decorator Michael Smith. Curbed National has more. [Curbed National]

The White House

1600 Pennsylvania Avenue Northwest, , DC 20500