The state of the housing market has gotten a lot of negative national publicity but housing markets are local in nature.  The Oklahoma and Tulsa real estate markets are in much better shape than most other markets.

In Oklahoma, the foreclosure rate in April was 1 in 922 housholds while the national rate was 1 in 519.

The rate has increased in Oklahoma from March to April but it had previously decreased from February to March.

The overall market is good in the Tulsa area although it is still generally considered to be a buyer's market.  If you get pre-qualified for a loan (always a good idea to ensure you don't have any credit issues and to know exactly what you can afford) this puts you the buyer in a strong negotiating position when purchasing a home.

I can always recommend a good lender if you need one.

Tulsa also has some highly ranked suburban school districts that I would rate as good as any in the country.  Combine that with affordable housing (the average home sells for about $150,000), you can't beat the quality of life here.