Wall St. Cheat Sheet: The Obamas have purchased real estate in Asheville


UPDATE JUNE 8: Wall St. Cheat Sheet now reports that it has confirmed that President Obama has purchased real estate in Asheville.  The White House has not confirmed that, Wall St. Cheat Sheet reports. More details as they come in.

JUNE 6: Wall St. Cheat Sheet, a popular financial news website founded by two brothers and operated out of Asheville, reports today that President Obama is seriously considering living in Asheville post-presidency:

It seems all the bookmakers sending the Obamas to New York City or back to Chicago after the end of the President’s second term are wrong by a few thousand miles.

A source close to Wall St. Cheat Sheet has confirmed that the Obama family is very seriously considering the city of Asheville in North Carolina as one of their post-Presidency residences, and may even have bought a house in the hill-nestled town. A call to get an official confirmation from the White House wasn’t immediately returned.

Click over to read the full Wall St. Cheat Sheet story on Obama possibly living in Asheville.

This comes as no surprise to those who have followed

Here’s Obama talking about his love of Asheville during his last trip here in February 2013. More here of Obama loving on Asheville during his last visit. President Obama has made a total of four trips to Asheville since before he was elected president. He’s openly expressed his love of the area, and especially for 12 Bones barbecue. He and the First Lady vacationed at the Grove Park in a couple of years ago and appeared to have a good time.

Guess we’ll wait and see.

Image link for President Barack Obama.


AVL LVR June 10, 2014 - 10:26 am

It could just be a vacation home. Hillary Clinton owns several homes.

FuqFascism June 9, 2014 - 5:11 pm

let the war-mongering murderous treasonous Fascist POS puppet move to a gun-free zone in Chicago where he will feel nice and safe.

barring that, how about sharing a nice, cozy one-room, window-less basement apartment on an island in the san francisco bay with george, dick and hillary?

Matt June 9, 2014 - 11:32 pm

Yes, I appreciate your delicate wording, but what’s your opinion on the matter?

theOtherBarry June 9, 2014 - 2:30 pm

Still no denial from City officials that Obama has purchased the property across from the Basilica.

Nice spot for a little mansion, right?

Smytty June 9, 2014 - 3:16 pm

Also zero denial out of anyone that Obama has bought the Biltmore Square Outlet mall.

smytty June 10, 2014 - 6:42 am

Also overheard: Obama is retiring to Asheville to open a brewery and taco stand. I am making this up, of course, but drawing attention to the continued lack of denial out of The White House and/or the administration and/or city officials and/or the Chamber of Commerce.

Geez people, the Register of Deeds is public. If you want proof/disproof, go look at the land records.

Jake June 9, 2014 - 12:35 pm

I’d heard he was going to be out in Fairview next to Gladys Knight.

Miss Daisy June 11, 2014 - 6:36 pm

This is the best Obama relocation rumor of all.

Radar June 9, 2014 - 2:41 am

Why doesn’t he move to some place that he’s wanted.
How about Gitmo.

theOtherBarry June 8, 2014 - 4:48 pm

“Leicester! Leicester! Leicester!”

luther blissett June 8, 2014 - 9:01 pm

I hope it’s Biltmore Forest, just to hear the howls echoing from the Country Club to the Fresh Market.

boatrocker June 8, 2014 - 12:41 pm

I agree with NFB’s comment, but like the “sorry- we’re closed” comment too.

2016 is still a long way off though- any number of towns might sneak up and grab the ‘nice place to move’ label from us in the meantime.

I’m not rumor-mongering, but I did see a painting recently in a downtown store that could have easily been a GWB original.

Michael June 8, 2014 - 12:23 pm

So now its Fact!

Jason Sandford June 8, 2014 - 12:47 pm

i see! anyone have any clues as to where in Aville?

indie June 8, 2014 - 10:04 am

If you’ve ever lived in a city where an ex-President puts down stakes, you would know that this is terrible news. As a practical matter, the traffic disruptions continue as long as the President lives. The SS blocks off corridors before and after any trip. Huge pain.

Oh, this applies to ALL presidents.

Sean June 8, 2014 - 10:54 am

Presidents that are no longer in office receive Secret Service protection for ten years after their term is completed now. So, it would only be ten years of federally-mandated traffic nightmares.

Golden June 9, 2014 - 4:09 pm

Actually they now get lifetime secret service protections – see HR6620 bill signed in 2012

WNCFarmer June 7, 2014 - 10:58 pm

If we can get 25,000 signatures, we can petition the administration to prevent Barry from moving here (whitehouse.gov then click on We The People). But if he does move down this way, I agree with Harry, way way out in Madison County would suit him well.

Harry June 7, 2014 - 3:13 pm

Hopefully waaaay out in Madison county.

theOtherBarry June 7, 2014 - 7:52 pm

I hear Leicester is nice.

Harry June 7, 2014 - 11:09 pm

Wherever he creates the fewest traffic and service interruptions is fine by me. Chicago would be great. Maybe they could stop shooting each other long enough to have a welcome home parade.

Hanksalot June 8, 2014 - 12:18 pm

I live out in Madison County. I don’t think he’d settle here. Not much going on, and the good ol’ boy mentality still rules.

NFB June 7, 2014 - 8:39 am

Let’s see, a few years ago Tom Cruise and Nicole Kidman were supposed to have bought a house in Biltmore Forest, (or Town Mountain, or Beaver Lake, or….) Steven Speilberg was supposed to have bought an entire floor of condos downtown. Robin Williams was also supposed to have moved here. The list goes on of celebrities said to have moved here all in the wake of Andie MacDowell doing son (and she no longer lives here.)

Honestly, Asheville fancies itself as such a sophisticated, town and yet it is obsessed with receiving any kind of affirmation and validation it can get via rumored celebrity sitings and relocations, or listings on every obscure and pointless list imaginable. It is time for us to get over ourselves.

Curious June 7, 2014 - 10:15 am

Wasn’t there also a Saudian Arabian prince who bought a house on Town Mountain?

ashevillain June 8, 2014 - 11:53 am

“It is time for us to get over ourselves.”

OK, but you go first!

hauntedheadnc June 8, 2014 - 12:46 pm

I’ve noticed that quite often, when someone gets the vapors about a famous person possibly buying a house in Asheville, they’re afraid that if the famous person did actually move here, that would remove the justification for their incessant bitching about the place. As though, perhaps, the famous person’s enjoyment of Asheville invalidates the unimportant person’s deep, personal need to complain about the city.

Asheville has a strange way of becoming the scapegoat of so many people’s problems and personal failings. I wonder why that is… Don’t people usually project their insecurities or unhappiness on a spouse or child? Why do so many people here project it onto the city itself? You see it all the time on the Citizen-Times comment forums, and the situation actually used to be much worse.

Vlad Emrick June 8, 2014 - 8:47 pm

I would like this post by hauntedheadnc a thousand times if I could.

Lu June 8, 2014 - 9:38 pm

You’re assuming these same people are married or have kids, though. lol

thatcajunguy June 7, 2014 - 7:57 am

He’ll immediately take up residence in the Biltmore, the only structure large enough to contain his ego.

theOtherBarry June 6, 2014 - 11:05 pm

I’ll say the same thing I say when I’m on the road, and people say, “Asheville? I’d love to live in Asheville!!?!!”:

I’m sorry, we’re closed.

yes June 8, 2014 - 8:06 pm

“I’m sorry, we’re closed” ?? Really? What a childish,
provincial attitude. I wonder how many of the breweries, restaurants, and places you enjoy were started by people who don’t give a shit about your”closed” opinion.

AVL LVR June 6, 2014 - 10:31 pm

Obama could be considering The Cliffs. If he comes, admirers and celebrities will join him here bringing serious money and development to the area.

roo June 7, 2014 - 12:49 am

This is the funniest thing I have read in 10.8 years.

Fracking is a bust. June 8, 2014 - 6:10 pm

I agree the Cliffs would be the most appropriate as well as the Ramble.

Thom Koontz June 6, 2014 - 4:37 pm

I have a great house for sale 🙂

AVL LVR June 9, 2014 - 1:38 pm

He isn’t considering mobile homes.

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