Welcome to Greater Oklahoma City Real Estate Oklahoma comes from the Choctaw Indian phrase okla humma, or Red People. Choctaw Chief Allen Wright suggested the name in 1866, when Oklahoma was Indian Territory, and the tribes envisioned an all Indian State of the United States. That changed in 1889, when the famous Run of Oklahoma transformed the land into Oklahoma Territory, where citizens come come for a free 160 acres of land. In 1907, Oklahoma was declared the 46th State in the Union with it’s Capitol in Oklahoma City. Our state still reflects the hard work and daring that those first settlers brought, and today we are a proud state that leads the nation in the appreciation and stability of our housing market. Let me introduce you to some facts about our state.