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Originally Posted by ChewyCarmel
Thank you flyingcat. That's a lot to digest. One question though. If most schools are open enrollment, how would we go about ensuring our kids get enrolled in a good school? Do the schools at least give preference to those living nearby?
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If you want to ensure your kids are enrolled in a good school, you should try to live in the district. Open enrollment, in OK, means that if you enroll your child from out of district, the parent is responsible for transportation to and from school. Most parents don't have time to drive kids to and from school every day so this lowers the elementary school transfers. It is usually a bigger issue at the MS and HS level as the athletic departments get involved and more parents are willing to put their kids on city busses.
For Tulsa, to live in Booker T. district, that means living in the worst part of Tulsa. Not just north of Admiral/I-244 but in the worst part of North Tulsa. The campus is very safe so the atmosphere is like what you would find at USC. A very, very safe campus but you don't want to cross the street. I can't recommend living in that district but the Edison district is Midtown Tulsa which is one of the best areas in the state. Both Edison and Booker T. have "Magnet" and "Community" tracks. Magnet is for college-bound students while community is for non-college students. The students will have common teachers and some common classes like gym. Given I have 2 special needs step-children, I like this.
As far as purchasing, Edmond had a serious drop off in home sales this winter while the rest of OKC metro was up. I think this has to do with the Edmond city council and competition for mid-to-upper end housing than schools. The traffic in Edmond is terrible and the council seems bound and determined to make things worse. The other cities in OKC metro, including OKC, are making inroads in building more upscale housing and Edmond, for a long time, was the "premier" place to live. You might be able to find a deal there if you can put up with the traffic.
If you can hold off on purchasing, you may get better deals. Both Tulsa and OKC have large energy sectors that are laying off workers so more homes will be up for sale this summer. OKC is on the "watch" list for real estate prices dropping due to this. Tulsa isn't in the top 50 (just outside) so it hasn't been discussed by Case-Schiller but it could take a hit here as well. Tulsa hasn't seen as many layoffs and office closures as OKC and the economy is more diversified. If Sandridge Energy goes bankrupt, OKC housing will take a hit (~10%) and you will get a deal then.