Good News: Obama Plans to Keep the House Rezko Bought For Him

Hey, he got such a good deal on the place, why give it up? With any luck, in four years he'll be making arrangements to move back in.

The Obama family will keep their home in Chicago's Hyde Park when they move to Washington in January, the president-elect told someone in a local deli.

A news camera caught Barack Obama saying in Manny's Deli on Friday afternoon the real estate market makes it a bad idea to sell the $1.6 million home where he lives with his wife Michelle and daughters Sasha and Malia.

"We're keeping our house," Mr. Obama told a woman in the deli in a comment caught by the CBS-2 camera and posted online in a "Web extra."

He grinned, adding, "We're staying in there for awhile. Now's not the time to sell."