Love letters reveal innocent times…

As we look at the market update this month, it is always nice to look to our past and see what it reveals.

Back in 1949, a young Elizabeth Taylor and her mother were on holiday in Miami Beach as guests of millionaire William Pawley Senior, a US ambassador to Brazil and aviation entrepreneur.  Mr. Pawley Senior had a son, also named William, and Elizabeth and the young William spent many an hour poolside as Elizabeth fell “head over heals” in love!

Now a month or so after Elizabeth Taylor’s passing, the “never-before-seen” love letters are up for auction.  William Pawley, 90, now of Pembroke Pines, Florida, kept Taylor’s letters and has now decided to sell them.  He told collectors at a viewing on Tuesday ”I have never got over Elizabeth.”

The bundle of letters are written on pink, blue and ivory paper – some on Taylor’s MGM studio stationery, or on her private stationery, embossed with Elizabeth at the top.

According to Bobby Livingston, the auction company’s vice-president of sales and marketing, before Taylor’s death, the letters were valued between $US25,000 and $US30,000.  You can bid on these love letters at RRAuction.com

OK, back to the real world!  What is happening here in Keystone Lake this month?

There are 3 active listings comprising all of three bedroom homes averaging 1.760 sq ft in size.  Expect to find these homes asking $268,000 or $153 / sq ft.

The year-to-date closings have totaled 4 properties, with an average sale price of $244,250.  These have mostly been 3 bedroom homes of 1,895 sq ft.  Two of these closing have occurred in the last 30 days with a higher average sale price of $252,500.

As was mentioned in last month’s market update, Keystone Lakes offers a good selection of floor plans, one of which is the Athens.

Want to be the first to hear about new listings?  Let us do the work for you and keep you informed via email.  Perhaps you are thinking of selling.  Then you will want an analysis of your approximate home value delivered direct to your inbox.

Call now on (954) 745-4735 and speak with Justin or Claudia Willard for first hand advice.