DS News - Digital Archives

September, 2012

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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INDUSTRYILLUSTRATED DS News tracks the latest and most relevant industry surveys and data to keep you in the know. With November elections just around the corner and America's leader- ship top-of-mind—per Keith Button's "Politics of Housing" exposé and the presidential lineup of keynote speakers fl anking this year's Five Star Conference—a blog post by the online real estate brokerage Movoto caught our eye. Presenting what they call "the lighter side of real estate," the company's writers solicited the help of D.C.-based luxury real estate fi rm the Koitz Group and set out to answer the question: What would the White House sell for if it was put on the market today? EXECUTIVE-STYLE MANSION ON 10 SQUARE MILES OF LAND, LOCATED AT 1600 PENNSYLVANIA AVENUE IN THE HEART OF THE NATION'S CAPITAL Year Built: 1800 || Square Feet: 55,000 || Rooms: 132 || Baths: 35 || Levels: 6 $110 million *Estimated list price $75 million * Estimated sale price * Price per square foot $1,364.00 AMENITIES: BOWLING ALLEY || TENNIS COURT || MOVIE THEATRE || BASKETBALL COURT || SWIMMING POOL || JOGGING TRACK || 28 FIREPLACES || 8 STAIRCASES || 3 ELEVATORS || 147 WINDOWS value of the White House, which in all likelihood, could make it the world's fi rst billion dollar single-family home. Source: Movoto 144 *These hypothetical estimates are based purely on face value and do not take into account the historical FOR SALE

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