Markets & Economy

Real estate market recap, Aug. 3-7

The big news in real estate markets, recapped for your convenience

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Bankrate's homeownership survey showed: Homeowners who shopped around for mortgages and settlement services saw closing costs drop as much as 7 percent. Buyers in Hawaii paid $2,163 in closing fees. Buyers in Ohio had the lowest closing costs, paying only $1,613. Nationwide, the average origination fee declined 22 percent to $1,041, and the average third-party fee rose 22 percent to $807. Closing costs State Average origination fees Average third-party fees Average origination plus third-party fees Alabama $1,066 $776 $1,842 Alaska $935 $922 $1,857 Arizona $1,208 $761 $1,969 Arkansas $1,057 $760 $1,817 California $937 $896 $1,834 Colorado $1,192 $719 $1,910 Connecticut $1,074 $960 $2,033 Delaware $904 $924 $1,828 District of Columbia $1,077 $718 $1,794 Florida $1,028 $778 $1,806 Georgia $1,058 $821 $1,879 Hawaii $1,033 $1,130 $2,163 Idaho $894 $788 ...