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by CareyBot

A Southern California developer is using a popular retail sales tactic in an effort to unload new-home inventory in a struggling market: Two houses for the price of one. Escondido, Calif.-based Michael Crews Development has extended the promotion -- originally set to end on May 31 -- through the end of June. The company is offering the promotion to buyers of high-end homes -- with an advertised price of about $1.6 -- in the San Pasqual Valley, about 30 miles north of San Diego. Three homes at the Royal View Estate development are eligible for the two-for-one offer, in which the developer will toss in a home with a $400,000 price tag at its Cityscape neighborhood in downtown Escondido. The homes in the Royal View development are single-level estate homes on lots that are two ac...