This Is the $4M House Everyone Thought Obama Was Buying

Rumor had it that President Barack Obama and his family were about to drop $4.25 million on a contemporary California mansion. Relax. According to TMZ, it's not happening. Earlier this morning, the LA Times and local real estate agents - who "spoke on condition of anonymity" - claimed the first family was in escrow with the 8,200-square-foot home located in exclusive Rancho Mirage, CA. Although the White House said this was completely false, many believed otherwise. For good reason, though - the...