Benefitting from a Soft Housing Market?

The White House confirmed today that President George W. Bush has purchased an 8,500 square foot home on more than one acre in Preston Hollow for just over $2 million.

Must have been a fixer upper.

Seriously, real estate prices aren't as high here as they are on either coast, and Preston Hollow is not quite as ritzy of a zip code as Highland Park in Dallas, but, still, that's a good deal.