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San Diego ranked 4th best big city to live in

Posted by The Aramco Group on Sun, Jul 30, 2017 @ 14:07 PM

As has almost become routine, San Diego has again landed among the top cities to live in according to a new report. WalletHub took on the elusive task of finding the best places in America to live the big-city-life. The personal finance website compared the 62 largest U.S. cities based on 50 key indicators of attractiveness ranging from the quality of the public school system to job opportunities to median annual property taxes.

The number one spot went to Virginia Beach, VA which has the highest homeownership rate and the lowest crime rate in the nation. San Diego was also given a boost by its low crime rate (third nationwide) as well positive results when evaluating education, health and overall quality of life.

Also in the top five were Seattle, WA (2ND), Pittsburgh, PA (3RD) and Colorado Springs, CO (5TH). Likely keeping San Diego from a higher spot on the list was a poor ranking in the affordable housing category where it came in at number 51.

Today, conforming no-point 30-year fixed mortgage rates are averaging 4 percent while 15-year rates are near 3.25 percent.

Do you have a question for Real Estate & Mortgage Analyst Mehran Aram? Submit your queries about a home purchase, refinance, or reverse mortgage via Aramco.Biz, social media (#AramcoReport), or over the phone at (866) 381-8888 and your questions may be featured in an upcoming article.