The Agency CEO Mauricio Umansky discusses the real estate sector as mortgage rates hit a 28-year low, down 5.7%.
"Let me get one thing straight here: [the press] quoted me saying Los Angeles was toxic. It's not toxic," he said. "It might be to other people, but I've had some of my best fun and years in Los Angeles. But LA is not toxic. Sometimes the air's a bit dirty, but I love LA" The airy, gourmet kitchen was designed to provide room for catering or casual dining, and in true English fashion, has two sitting rooms to either side – one for tea and another den with a fireplace.
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