What do Magna, Utah; Mauldin, South Carolina; and Cottage Grove, Wisconsin, have in common? All three of these unassuming communities are listed on Realtor.com’s first annual “Top 10 Best Markets for First-Time Homebuyers Report.”
Magna, a Salt Lake City suburb with a population of 26,500 (2010 Census) actually snagged the No. 1 spot on the list, based on criteria including affordable homes, plentiful jobs and young people, shorter commutes, and lots of choices for food and drink venues. Magna lies about 20 miles west of Salt Lake City. Completing the top five list in order of ranking are Chalco, Nebraska; Mauldin, South Carolina; Beech Grove, Indiana; and Portsmouth, Virginia.