Title search study shows housing market upswing

Tulsa County’s housing market seems to be improving based on an increase in buyer confidence, according to information from Tulsa County Assessor Chief Deputy John A. Wright.

Wright said one of the responsibilities of the Title Research Department of the Tulsa County Assessor’s Office is to establish parcel identifying numbers for tax roll purposes based on the legal descriptions found in the legal documents filed with the Tulsa County Clerk.

Over the past several years the number of real estate deeds filed in the county has exceeded 31,000 per year. In addition to the deeds reflecting sales, deeds are also filed when property is moved into or out of a trust.

Besides the deeds being inspected for ownership information and legal description, new residential development plats creating residential lots are also examined.

“Based on the number of new residential lots platted for development, it appears that an increasing measure of confidence is returning to the marketplace,” said Wright, who manages the Title Research Department in the organization.

“I’m very pleased with the professionalism of the office staff in the way they process the new plats for the taxpayers,” County Assessor Yazel said.