Obamas Buying Martha’s Vineyard Home?

The Obamas call both Chicago and DC home. Now, they may be adding a third city to their list of residences. The Boston Globe reports that the Obamas are looking to purchase a home in their favorite vacation spot: Martha’s Vineyard. According to reports, the Obamas are believed to be focused “up island,” looking at homes or buildable lots in the rural communities of Aquinnah, West Tisbury, and Chilmark -- where they typically vacation. One report suggests the couple is looking at a waterfront outpost in Aquinnah owned by Caroline Kennedy and her husband, Edwin Schlossberg. A few years ago, the couple, who inherited from Jacqueline Kennedy Onassis the 377-acre Red Gate Farm overlooking the Atlantic Ocean, subdivided the property and put two parcels on the market. Both are still available for a mere $15 million and $12 million, respectively. More here.