White House denies Obamas are California Dreamin'

The home in Rancho Mirage, California that the Obamas are reportedly looking to buy.

President Barack Obama has visited California many times, but there are new reports that the first family may be buying a home here.

The Los Angeles Times is reporting the Obamas are in the process of buying this home in Rancho Mirage.

The $4.5 million estate has a three-bedroom guest house, a gym, a pool with a 20-foot waterfall and its own putting green.

The White House denies the rumors, but a real estate agent tells the Los Angeles Times that the deal could be done by the end of the month.
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