“The glut of houses on the market, a cautious buying public and the increased difficulty of getting loans is having an effect on the residential real estate industry as well. Local realtor Vic Dover of Dover Realty says … “In one example, Louidort convinced a lender that he had paid $1.03 million for a house west of Delray Beach and walked away from the closing with an ‘assignment fee’ of $250000, federal prosecutors said in April. The house soon went into foreclosure.” …