Report: Fla. Closing Costs Are 2.32% of Home Price
By Kerry Smith
In the U.S., closing costs, including taxes, were up 10.5% year-to-year, and almost $7K for an average price home. In Fla. it’s a bit higher: $8.5K for the average home.
SAN DIEGO – In the first half of 2021, average closing costs for buying a single-family U.S. property were $6,837 including taxes (up 12.3% year-to-year), and $3,836 excluding taxes (up 10.5% year-to-year). Refinancing costs increased marginally to $2,398 – a 4.87% change from the reported 2020 average of $2,287, according to ClosingCorp, a provider of residential real estate closing cost data and technology. ...