Share this story...
Latest News

Obamas buy house they were renting in tony DC neighborhood

FILE- In this May 25, 2016, file photo, shows a mansion in one of Washington's Kalorama neighborhood. Barack and Michelle Obama bought the home, which they've been renting since the former president left office. Property records show the deed transfer was recorded Wednesday, May 31, 2017. (AP Photo/Andrew Harnik, File)

WASHINGTON (AP) — Barack and Michelle Obama have bought the home they’ve been renting in a tony D.C. neighborhood since the former president left office.

The Washington Post reports (http://wapo.st/2qHfREZ ) the Obamas bought the eight-bedroom, 9½-bath mansion for $8.1 million. Property records show the deed transfer was recorded Wednesday.

The Obamas have said they plan to remain in the capital while their younger daughter, Sasha, finishes high school at Sidwell Friends in Washington.

Spokesman 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.”

___

Information from: The Washington Post, http://www.washingtonpost.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.