The U.S. Fire Administration recently released data stating that between 2013 and 2022, electrical fires increased by 6%. (Credit: photobyjimshane/Adobe Stock)

With high mortgage rates and fewer buying options making homeownership nearly 37% more expensive than renting, many buyers are choosing older properties to cut costs.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.

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