If you are trying to sell your home, you will know how hard is to generate enough showing traffic.
Well, count yourself lucky! The Chicago Tribune reported that President Barack Obama's next door neighbors in Chicago are trying to sell their home, which they bought back in 1973 for $35,000. The listing agent said that the selling price will ultimately be defined by the "Obama Factor", but homes in the area are selling for between $1 million and $2.5 million.
However, how's this for a damper on showings? In order to SCHEDULE A SHOWING for this home, any prospective buyer will have to prove that he/she can afford to pay at least $1.5 million AND will have to be vetted by the SECRET SERVICE in advance...!
On the flip side, it could be an additional attraction to some buyers...many people may want to live next to the First Family! Mind you, they are currently living in Washington in a much more expensive home - at least for the next three years...