Parks in Green Hills agent's Joan Pinkley and Sam Jovanov have closed a $3.5 million sale on a 0.47-acre property that sits on the northeastern fringe of Edgehill at 924 Eighth Avenue South, just a few blocks from downtown Nashville.

The buyer of this property is the singer-guitarist and producer of the blues-based rock band "The Black Keys", Dan Auerbach. Auerbach’s Easy Eye Sound recording studio is located on an adjacent property at 918 Eighth Avenue South. Dan paid $280,000 for that property in September 2010 when his Black Keys bandmate, Patrick Carney, moved to Nashville. This studio is where records like Let's Rock, Yola's Walk Through Fire, Waiting on a Song, and The Pretenders' Alone were produced. The Black Keys founded Easy Eye Sound

Moving closer to work sounds reasonable but is it actually worth it? That’s what we want to help you answer with this article. If any of the points below sound like you, then buying a home closer to work may be the best move you could make.

Ready to buy your next home (or first home!) for reasons other than shortening your commute? We can make that happen! Contact us today to get pre-approved for a home loan and start home shopping.

Will buying a home closer to work save you money?

Sometimes you live out of the immediate work area because of high property values, thinking that it would be less expensive to commute. But the real test is to add up the cost of living, including the mortgage payment, utilities, and property taxes PLUS the cost

Mortgage rates have been relatively consistent, but don't let that get you too comfortable. Rates are changing all the time --by how much, and whether it will be in your favor, we cannot say. We can make intelligent guesses, but we can't predict with any certainty.

However, that doesn't mean that you are entirely powerless when it comes to taking charge of the mortgage rate you qualify for. You hold a lot of power, including the ability to qualify for a lower rate by improving your credit score, buying points, and exploring the rates of various home loan options.

And here is another idea for getting a low mortgage rate in an uncertain market: get a floating mortgage rate.

Locked and Floating Mortgage Rate Compared

Mortgage Rate Lock