Tag

closing costs

Cost to Register Property 2.4%? Not in Minnesota

Real Estate Fees:  Flyover Country vs. the Coasts “The cost to register property in the U.S. has nearly quintupled from 2009, from .5% to 2.4%.” –Brett Stephens, “Doomed to Stagnate“; The Wall Street Journal (12/20/16) Given that the total closing costs for the average Minnesota home buyer come to about 2.7%, I can confidently say...
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Housing Market Culture Clash: “Greatest Generation” vs. Millennials

“Why Should I Help Pay the Buyer’s Closing Costs??” To the “Greatest Generation,” Millennials (roughly ages 18 to 30) can seem spoiled and irresponsible. To Millennials, the “Greatest Generation” — those who were alive during World War II — can appear stubborn and unreasonable. How does that generation gap play out in residential real estate deals?...
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