{"id":964,"date":"2011-08-17T20:58:02","date_gmt":"2011-08-17T20:58:02","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=964"},"modified":"2012-05-12T21:00:41","modified_gmt":"2012-05-12T21:00:41","slug":"auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/","title":{"rendered":"Auction of Clint Eastwood&#8217;s Carmel Property May Effect Local Real Estate Negatively"},"content":{"rendered":"<p>A series of auctions in two of California\u2019s most exclusive communities have brokers worrying about a possible decrease in property value. 2,000 acres of Clint Eastwood\u2019s ranch near Carmel California, a small city in Monterey country, will soon be going to auction. Like Eastwood, Norman Waitt, the co-founder of Gateway Inc., also plans to sell his 15.4-acre home, in a gated Tehama community, using the same method. Waitt\u2019s property, which he originally purchased for approximately $3.4 million, is said to be starting at a bid half the amount of the original figure.<\/p>\n<p>Both Carmel and Tehama are comprised of many preserved lands encompassing small, tight-knit communities. It is the size and closeness of these communities that has brokers concerned about the auction method. Some believe that the residents of these small communities know each other well and do not want to compete with one another over something as significant as a piece of valuable property. Brokers predict that, as a result, most people will not participate in the auctioning of these properties and that they will be sold for far less than what they are worth.<\/p>\n<p>Source: <a href=\"http:\/\/blogs.wsj.com\/developments\/\" target=\"_blank\">Wall Street Journal online<\/a><\/p>\n<p>Like Haute Living San Francisco? Join our <a href=\"http:\/\/www.facebook.com\/pages\/Haute-Living-San-Francisco\/97950569730?ref=search\">Facebook page<\/a> or follow us on Twitter <a href=\"http:\/\/twitter.com\/HauteLivingSF\">@HauteLivingSF<\/a>. Want Haute Living San Francisco delivered to your inbox once a week? <a href=\"http:\/\/www.hauteliving.com\/join-haute-living\/\">Sign up<\/a> for our newsletter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A series of auctions in two of California\u2019s most exclusive communities have brokers worrying about a possible decrease in property value. 2,000 acres of Clint Eastwood\u2019s ranch near Carmel California, a small city in Monterey country, will soon be going to auction. Like Eastwood, Norman Waitt, the co-founder of Gateway Inc., also plans to sell [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":965,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1749,1],"tags":[],"class_list":["post-964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hlrn","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Auction of Clint Eastwood&#039;s Carmel Property May Effect Local Real Estate Negatively - Haute Residence by Haute Living<\/title>\n<meta name=\"description\" content=\"A series of auctions in two of California\u2019s most exclusive communities have brokers worrying about a possible decrease in property value. 2,000 acres of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auction of Clint Eastwood&#039;s Carmel Property May Effect Local Real Estate Negatively - Haute Residence by Haute Living\" \/>\n<meta property=\"og:description\" content=\"A series of auctions in two of California\u2019s most exclusive communities have brokers worrying about a possible decrease in property value. 2,000 acres of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/\" \/>\n<meta property=\"og:site_name\" content=\"Haute Residence by Haute Living\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hauterealestatenetwork\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-17T20:58:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2012-05-12T21:00:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2012\/05\/CarmelVRanch-300x245.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"639\" \/>\n\t<meta property=\"og:image:height\" content=\"329\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alejandra Tenorio\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@HResidence\" \/>\n<meta name=\"twitter:site\" content=\"@HResidence\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alejandra Tenorio\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/\"},\"author\":{\"name\":\"Alejandra Tenorio\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#\/schema\/person\/9dcddfd98b7d800e2974cbfeb21a77b5\"},\"headline\":\"Auction of Clint Eastwood&#8217;s Carmel Property May Effect Local Real Estate Negatively\",\"datePublished\":\"2011-08-17T20:58:02+00:00\",\"dateModified\":\"2012-05-12T21:00:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/\"},\"wordCount\":236,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/#organization\"},\"image\":{\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2012\/05\/CarmelVRanch-300x245.jpg\",\"articleSection\":[\"HLRN\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/\",\"url\":\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/auction-of-clint-eastwoods-carmel-property-may-effect-local-real-estate-negatively\/\",\"name\":\"Auction of Clint Eastwood's Carmel Property May Effect Local Real Estate Negatively - 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