Former Treasury Secretary Paulson loses $1 million selling D.C. home

The Hill reports:

Former Treasury Secretary Henry Paulson, who spent his final years in George W. Bush's administration trying to stave off the housing crisis gripping the nation, has lost over $1 million selling his own Washington, D.C., home.

Paulson sold his three-bedroom home in the nation's capital for roughly $1 million less than he paid for it, and nearly a third less than his original asking price, according to Reuters.

Not everyone makes money in real estate: even Henry Paulson.