Tulsa Market Summary

Mobility Magazine of the Worldwide ERC, June 2020

By Tom Allen, SCRP

Tulsa, the second-largest city in Oklahoma and the 47th-most populous city in the U.S., is situated on the Arkansas River between the Osage Hills and the foothills of the Ozark Mountains in northeast Oklahoma, a region of the state known as "Green Country." For most of the 20th century, the city held the nickname "Oil Capital of the World." It also features one of the nation's largest concentrations of art deco architecture, since the city's success in the energy industry prompted construction booms in the popular art deco style during the first half of the century. Profits from the oil industry continued through the Great Depression, helping the city's economy fare better than most economies in the U.S. during the 1930s.

Join RAC member Tom Allen as he discusses Tulsa, Oklahoma, the town in which he has been appraising since 1971.