New York has nation’s highest closing cost

New York state has the highest average closing cost for home sales among the 50 states and the District of Columbia. The average cost was $3,907, according to a recent survey from Bankrate. Hawaii and Alaska ranked numbers two and three with average closing costs of $3,628 and $3,620, respectively. New Jersey was fourth on the survey, at $3,362 on average. more [Inman]