Closing Costs Are Reaching New Highs
Pro Builder
APRIL 25, 2022
Buyers in Washington, DC paid an average $29,888 in closing fees throughout 2021, while Delaware buyers dished out the second most, at $17,859, followed closely by New York, at $16,849. Average closing costs rose 13.4% in 2021, forcing buyers to pay an average $6,905 to complete home purchases, but some regions reported even higher numbers.
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