By Ashley Perks and Bob Cusack - 03/05/13 12:28 AM EST
President Obama said last month that the housing market is on the rebound — and he would know.
The house he lives in is worth more than ever, according to the real estate website zillow.com.
The estimated monthly mortgage would be $1.15 million and a “rent zestimate” comes in at $1.75 million per month. (And you thought your rent was high.)
Of course, Obama doesn’t own the White House and lives rent-free. But this is clearly good news for Obama’s neighbors.