Why are there dozens of 6 foot tall penguin sculptures scattered throughout the city? 

It was a local art project to celebrate the Tulsa Zoo's 75th anniversary as well as to raise funds for the Tulsa Zoo's penguin habitat.  Here are just a few examples:

When in Tulsa you'll want to vist the Center of the Universe.  It is a strange place located downtown on the Boston Avenue Pedestrian Bridge between Archer and 1st Street.

If you stand in the center and talk normally, you can here your own echo. It is just plain weird.

The following schedule shows the current supply of homes and average marketing times in the Tulsa and surrounding areas.

The following statistics are based on single family homes is specific school districts. 

TULSA School District

The market in Tulsa would appear to be in a SELLERS market because there is only a 5 month supply of homes on the market.  This means at the current rate of sale it would take 5 months to sell all of the homes that are currently on the market if no more homes came up for sale.  This is pretty consistent through most of the different price ranges.  Homes priced under $100,000 have a 5 month supply and remain in a SELLERS market. Homes priced from $100,001 to $150,000 have a 4 month supply.  Homes priced from $150,001 to $200,000 the supply jumps to 6 months and moves to a BALANCED market. Above this price range homes waver between from being in a weak BUYERS market to a BALANCED market.  With the majority of homes being priced below $150,000 Tulsa's whole market is considered a SELLERS Market.

(TULSA School District) 1	Active Listings as of 6/1/2007	Supply of homes	Type of Market	DOM
Total Market	1445	5 months	Sellers	65
Under $100,000	821	5 months	Sellers	70
$100,001 to $150,000	287	4 months	Sellers	60
$150,001 to $200,000	117	6 months	Balanced	55
$200,001 to $300,000	81	6 months	Balanced	55
Over $300,001	139	7 months	Weak Buyers	58

JENKS School District

The market in Jenks would appear to be in a BALANCED market with a 6 month supply of homes on the market.  This means at the current rate of sale it would take 6 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a very different picture.  Homes priced under $100,000 only have a 1 month supply so this price range is a SELLERS market.  Also homes priced from $100,001 to $150,000 only have a 2 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 5 month supply and remain in a SELLERS market. The majority of homes in the Jenks market are priced above $200,000 and the market balances out until the price reaches $300,000 or more thenn it switches to a BUYERS market with a 10 month supply of homes available. 

(JENKS School District) 5	Active Listings as of 6/1/2007	Supply of homes	Type of Market	DOM
Total Market	471	6 months	Balanced	60
Under $100,000	3	1 month	Sellers	39
$100,001 to $150,000	35	2 months	Sellers	46
$150,001 to $200,000	84	5 months	Sellers	45
$200,001 to $300,000	122	6 months	Balanced	56
Over $300,001	227	10 months	Extreme Buyers	69

BIXBY School District

The market in Bixby would appear to be in a SLIGHT BUYERS market because there is an 7 month supply of homes on the market.  This means at the current rate of sale it would take 8 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a very different picture.  Homes priced under $100,000 only have a 2 month supply and sell in average 39 days so this price range is a SELLERS market.  For homes priceed from $100,001 to $150,000 there is also a 2 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 4 month supply and remain in a SELLERS market. Above this price range all homes are in a BUYERS market with homes priced from $200,001 to $300,000 haveing a 8 month supply homes above $300,001 with a 17 month supply.

(BIXBY School District) 4	Active Listings as of 6/1/2007	Supply of homes	Type of Market	DOM
Total Market	291	7 months	Buyers	63
Under $100,000	4	2 months	Sellers	39
$100,001 to $150,000	17	2 months	Sellers	52
$150,001 to $200,000	41	4 months	Sellers	63
$200,001 to $300,000	77	8 months	Buyers	59
Over $300,001	152	17 months	Extreme Buyers	67

BROKEN ARROW School District

The market in Broken Arrow would appear to be in a SELLERS market because there is an 5 month supply of homes on the market.  This means at the current rate of sale it would take 5 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a slightly different picture.  Homes priced under $100,000 only have a 1 month supply so this price range is a SELLERS market.  Also homes priced from $100,001 to $150,000 only have a 2 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 6 month supply and move to a BALANCED market.  Above this price range all homes are in a BUYERS market with homes priced from $200,001 to $300,000 having a 9 month supply and homes above $300,001 with a 19 month supply.

(BROKEN ARROW School District) 3	Active Listings as of 6/1/2007	Supply of homes	Type of Market	DOM
Total Market	664	5 months	Sellers	58
Under $100,000	36	1 months	Sellers	48
$100,001 to $150,000	158	2 months	Sellers	47
$150,001 to $200,000	187	6 months	Balanced	58
$200,001 to $300,000	190	9 months	Buyers	66
Over $300,001	93	19 months	Extreme Buyers	66

OWASSO School District

The market in Owasso appears to be in a SELLERS market because there is an 4 month supply of homes on the market.  This means at the current rate of sale it would take 4 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a slightly different picture.  Homes priced under $100,000 only have a 2 month supply so this price range is a EXTREME SELLERS market.  Homes priced from $100,001 to $150,000 only have a 3 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 4 month supply and remain in a SELLERS market, these homes are selling in an average of 51 days while homes priced from $200,001 to $300,000 also only have a 6 month supply, are in a Balanced market but they are selling in an average of 55 days.  Above $300,001 there is a 8 month supply and this price range moves to a BUYERS market.

(Owasso School District) 11	Active Listings as of 4/7/2007	Supply of homes	Type of Market	DOM
Total Market	311	4 months	Sellers	54
Under $100,000	11	2 months	Sellers	37
$100,001 to $150,000	75	3 months	Sellers	42
$150,001 to $200,000	77	4 months	Sellers	51
$200,001 to $300,000	102	6 months	Balanced	55
Over $300,001	46	8 months	Buyers	80

  Regions and Neighborhoods

Half of the Tulsa area employers answering a survey plan to add jobs in the first quarter, Manpower says.

From January to March, 50 percent of companies interviewed plan to hire employees, while only 3 percent expect to cut their payrolls, according to the survey.

An additional 37 percent expect no change to their current staff levels, and the other 10 percent are uncertain of their hiring plans.

Among survey participants, the Tulsa area employment outlook is the seventh-best in the nation heading into the new year. That ranking is based on the spread between the percentage of employers who plan to increase payrolls and those who plan to decrease, which in this case equals 47 percent.

"Employers are significantly more optimistic about hiring than they were a year ago when 31 percent of companies surveyed thought job gains were likely and 10 percent intended to cut back," Beyer said.

Economists have noted how a slowdown at the the national level will contribute to a slowdown in Oklahoma and Tulsa next year. Even with slowing growth, however, Oklahoma is expected to add jobs next year.

Metropolitan Tulsa is forecast to lead the state in job growth next year by adding 7,000 jobs for a 1.7 percent gain, according to some economists.

What do I do now?  I wanted a blog so I got a blog, now what do I do with it? 

I am not sure how this will evolve over the next year but I have committed to at least a weekly addition to the blog through out 2007.

You may want to bookmark this ... it may be pretty entertaining, LOL.

So until I figure our what to do you here will have to visit my webpage, www.whitbyteam.com for any information you need about Tulsa or the Tulsa real estate market.