News

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One of our all-time favorite style mavens Susan Manrao shares her smart and simple tips for adding Summer style to your home over on the popular home design blog Casa Sugar.

Among the 7 tips Manrao shares include installing mosquito netting over your bed (or your kid's) for a "Summer camp" experience indoors. She also suggests adding water plants to mason jars to bring a fresh green element to your dining table, or add some candles to them for a romantic nighttime glow.

Finally, if you have a BBQ grill that you're no longer using, Manrao suggests turning it into a garden planter filled with flowers, such as impatiens. "It's a simple touch to a beautiful Summer yard," says Manrao.

Read more of Susan Manrao's tips, along with photos, over on Casa Sugar here.

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When the global recession was at its worst, the market for private islands -- from the Bahamas to Fiji to off the coast of the U.S. -- was at its strongest, reports The Hollywood Reporter in the article Who In Hollywood Owns a Private Island. To answer the headline, Johnny Depp, David Copperfield, Leonardo DiCaprio, Shakira, and country music star couple Faith Hill and Tim McGraw all do, along with a host of other A-list celebrities and uber-rich individuals.

And these aren't just small deserted islands being bought. Billionaire Larry Ellison purchased a 141-square-mile Hawaiian island in the range of $500 million, believed to be the priciest sale of an island ever. It's the sixth largest island in the state.

According to The Agency's Mauricio

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World renown DJ and recording artist Moby is best known for the creative array of music he's made over the years, but it's his longtime appreciation for the aesthetics of architecture that is attracting a whole new audience these days, through his Moby Los Angeles Architecture Blog.

An East Coast native who resided on the Lower East Side of New York for a number of years, Moby recently moved to Los Angeles where he immediately noticed the city's "hidden" and "weird" architecture. His fascination with it led him to start his blog, which features his photography of the city's "strange and beautiful" buildings.

In the above video interview, courtesy of 1883 Magazine, Moby notes the stark contrast between New York and LA architecture. "In New York you

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Real estate analysts have been saying it and now the numbers confirm it. The housing bust is over, reports The Wall Street Journal, as more homes are now being sold and house prices are trending up.

"You know when The Wall Street Journal says it, it's true," said The Agency's Billy Rose. "Now is the time to buy -- while interest rates are low and before prices start increasing."

In May 2012, nearly 10% more existing homes were sold than in the same month a year earlier, with smart investors, from both the U.S. and abroad, driving a significant number of purchases. Further, according to S&P's David Blitzer, the slow-moving S&P/Case-Shiller house-price data has seen its first monthly increase after seven months of declines. "We finally saw some rising

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Emmy-Award winning journalist and “Entertainment Tonight” co-anchor Mark Steines unveiled his photography collection this past weekend at The Ritz-Carlton Residences at L.A. LIVE, the luxury residential tower poised high above the heart of Los Angeles' entertainment and sports district.

The photographs, including the one seen above behind Steines and The Agency's Mauricio Umansky, were taken over the past 17 years while Steines was on assignment for ET in exotic locations around the world.

"I'd find myself in Dubai or I'd find myself in Geneva or Rome or London in these amazing locales and I’m like, 'wow, I know I’m supposed to be interviewing Brad Pitt right now but look at that tree," said Steines.

The photographs will be on display at The

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If you've been following Mauricio Umansky's travels over the past year, you are well aware that he has been spending some time in China, and there is a good reason why. As Lauren Schuker of The Wall Street Journal reports in her article "Courting the Chinese Buyer," a new wave of buyers from China is drastically changing the landscape of the U.S. luxury real estate market, "snapping up" homes from Los Angeles to New York and injecting billions into the residential market here.

As an example, Schuker points out The Agency's listing on 9577 Sunset Boulevard, which recently sold to a Chinese couple for a reported $34.5 Million. The purchase is the biggest residential sale in Los Angeles so far in 2012. She also refers to the recent sales success of The

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Immediately following Monday night’s victory, champagne glasses were raised and the iconic Stanley Cup hoisted. The celebration only continues today as thousands of Southern California’s devoted hockey fans are expected to gather downtown to see the victorious Los Angeles Kings tour the streets in double-decker buses for the 2012 Stanley Cup Championship Parade. The festivities, which begin at noon, will start at Figueroa and 5th Street and loop back to L.A. Live. The celebration culminates with a team-led rally held in the place where all the magic happened, inside the Staples Center.

Just as the King’s proved their resilience by being the first 8th seed team to ever win the title, so too did the infrastructure of Downtown Los Angeles. Its capacity

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Heather Bilyeu, starlet of Bravo’s hit reality series “Million Dollar Listing," has joined the growing ranks of highly skilled and successful agents at The Agency. Heather made the announcement public via Twitter (@heatherbilyeu) Wednesday night, during an eventful episode 2, Season 5, of "Million Dollar Listing."

"I'd like to warmly welcome Heather Bilyeu to The Agency," said Mauricio Umansky, CEO and co-founder of The Agency. "We are very excited about her joining us and are looking forward to taking L.A. by storm."

Billy Rose, President and co-founder of The Agency, added: "I'm super excited to have Heather Bilyeu join The Agency team. I get a sense of what Phil Jackson must have felt when the Lakers traded for Kobe."

"I respect and admire Billy

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Location: 8134 Puesta Del Sol, Carpinteria

Size: 4 Bedrooms / 3 baths; 1,409 sq.ft. (lot size: 12,216 sq.ft.)

For Sale: $2,929,000

Agent: Jeeb O'Reilly and Deedee Howard

Since the celebrated surf era of the 50s, the famed Rincon surf spot has inspired both those who ride the quintessential right-hand break and those who try to capture it from behind their camera lenses. It’s also the reason why houses like this one are built: for the person who appreciates the water as much as they do dry land. From this private beach-front cottage you have exclusive access to the “Queen of the Coast” without the kinds of crowds that gather at more accessible locations. French doors open off the master bedroom to lush gardens, including a grandiose cypress tree

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Restaurateur and wealth manager Kerry Moy has joined the growing number of executives and entrepreneurs who now call Downtown Los Angeles home. Moy, who has 11 restaurants in Southern California, including Wokano and the Green Hut Cafe in Downtown L.A., has purchased a one-bedroom, two-bathroom home with a den at The Ritz-Carlton Residences at L.A. LIVE, the five-star luxury residential tower where residents are pampered 24-hours a day by the legendary Ritz-Carlton Hotel services.

As the L.A. Times reports, the 1,303-square-foot residence "takes in views of the swimming pool, the downtown skyline and L.A. Live." Moy, who, in addition to being a restaurateur, is VP of Wealth Management at Merrill Lynch in Beverly Hills, says the home is fast becoming

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