December 16th, 2011
Tulsa Makes the Grade!
Categories: News | This post was written by: Simmons Homes
Top 100 Metro Areas
We rank 4th out of the Top 100 Metros in terms of Economic Security according to a study by the Urban Institute. Tulsa was praised for its low unemployment, steady housing prices, average earnings that afford a median standard of living, and our ability to keep foreclosures to a minimum.
Oklahoma is recognized for its diverse economy. Such things as government, universities, energy, and high tech firms have held up well in the Great Recession. We didn’t fall victim to the vast swells of the housing boom and then bust, so mortgage prices today are remarkably affordable. Especially when you couple that with the all time low mortgage loan rate of 3.93% (30 year fixed) just reported by Yahoo today!
Our region continues to rank high on multiple “top ten” lists – most affordable (Forbes), most recession-proof (Forbes), and best place to start a small business (Fortune Small Business). We, at Simmons Homes, would agree that Tulsa is a “top ten” place to be a homeowner and we strive to make that an affordable luxury with amazing quality.
Source: Urban Institute analysis of LAUS, HPI, NUHC, OES, and LPS datahttp://datatools.metrotrends.org/charts/metrodata/rankMap_files/rankMap.cfm
