jim 300OWENSBORO, Ky. (7/19/13) - This may be Jim DeMaio’s fourth time as Chamber Ambassador, but that doesn’t mean any less hard work of stimulating Owensboro’s economy for the Century 21 independent real estate agent.

The theme of July’s Rooster Booster Breakfast was an update on Owensboro’s economic conditions and DeMaio believes that the community is steadily on its way up economically.

“Owensboro is now a seller’s market,” DeMaio said. “Strong seller’s markets mean there is a good demand out there, home values are going up, and it’s better for everyone.”

DeMaio said there is a lack of inventory for buyers to find listings in the Owensboro area. He said to solve this problem he “needs more sellers to get off the couch and list their properties”.

Maria Hampton of the Federal Reserve said that Owensboro has “weathered the recession much better than Kentucky and the US”, and DeMaio agrees.

“We were pretty much recession-proof,” DeMaio said. “We have a very diverse economy with the school systems, city and county government, and the new hospital.”

DeMaio believes the real estate market is an integral part of the city’s economy.

“The biggest thing we do is put people in homes,” DeMaio said. “The homeowners drive the economy.”

According to his numbers, more people are moving away from the suburbs of Owensboro and moving closer to the center of town. This is mostly because of the newly developed downtown area and other city features such as the hospital.

DeMaio believe Owensboro is the perfect place to buy a home in the current economic situation of the state and country.

“When clients come from out of town, they are choosing between communities, and I’m trying to sell Owensboro,” DeMaio said. “But, it’s easy to convince people to move here.”

Jim DeMaio can be reached by Facebook at facebook.com/JimDeMaioRealtor, twitter at @JimDeMaio3, email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or by text/phone at (270)-485-5466, or on the internet at www.JimDeMaio.com.

Taylor Riley
SurfKY News

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Posted on 2/2/14
3/13 - 16
1 DOW 17,712.66
+34.43 (0.19%)    
2 S&P 2,061.02
+4.87 (0.24%)    
3 NASDAQ 4,891.22
+27.86 (0.57%)    
3/13 - 16

Most Read This Week

March 18, 2015 9472

UPDATE: Hanson Man Located in Henderson, Taken to…

by Trooper Stu Recke
March 25, 2015 5035

Fazoli's, Roses Coming to Madisonville

by Amber Averitt, SurfKY News
March 24, 2015 4920

One Dies, Another Injured in Mortons Gap Traffic…

by Deputy Heath Owens
March 25, 2015 4836

Grand Jury Finds No Criminal Wrongdoing in Bean…

by Doreen Dennis, SurfKY News
March 24, 2015 4066

UPDATE: One Injured in Hopkinsville Road Accident

by Doreen Dennis, SurfKY News
March 25, 2015 3769

Madisonville Man's Living Room Leap Lands Him in…

by Madisonville Police Department / Hopkins County Detention Center

Most Read This Month

February 25, 2015 13904

Multi-Agency Investigation Nets Large-Scale Meth…

by Trooper Stu Recke
March 09, 2015 12958

Multi-Agency Drug Bust Results in $1 Million Meth…

by KSP DESI

Stories Trending Today

March 27, 2015 3246

Three Arrested during Execution of Search…

by Madisonville Police Department/Hopkins County Detention Center
March 26, 2015 1531

‘Chasing Rainbow’ Heart Walk Raises Funds for AHA

by Tammy Holloway, SurfKY News
March 26, 2015 1376

Two Injured after Jumping from Second Floor to…

by Charles W. Riley II, SurfKY News
March 27, 2015 1289

MPD Searching for Man Accused of Nearly Running…

by Madisonville Police Department
March 26, 2015 1258

Baptist Health Honors Staff with Years of Service…

by Tammy Holloway, SurfKY News
March 26, 2015 1175

Madisonville Police Arrest Reports - March 26,…

by Madisonville Police Department
March 26, 2015 1132

Hopkins District Court Fines Handed Down

by Hopkins Court Clerk
March 26, 2015 1025

Hopkins County Sheriff's Reports Released

by Hopkins County Sheriff's Office
March 26, 2015 975

Teams 'Dodge for the Cure' during Relay for Life…

by Tammy Holloway, SurfKY News
March 26, 2015 867

Kentucky, West Virginia Governors Offer Friendly…

by Office of the Governor