When John and Edna Deluccia went house hunting to upgrade from their Fort Lauderdale condo, they experienced the new frenzy in the South Florida home market. “One unit I bid on, a bank foreclosure, went for $480,600 — $94,000 over the asking price,” said John Deluccia, a 39-year-old insurance agent with SWBC. “I bid $10,000 [...]