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 This material may not be published, broadcast, or rewritten without permission.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.

In Other News...

Single Vehicle Accident Results in Fatality

DAVIESS COUNTY, Ky. (4/27/15) — According to a Daviess County Sheriff's report, first responders (DCSO, KSP, East… Read More

DCHS Student Council Hosts May Day 5K

DAVIESS COUNTY, Ky. (4/26/15) — The Daviess County High School Student Council is sponsoring its sixth annual May Day… Read More
1 DOW 18,037.97
-42.17 (-0.23%)    
2 S&P 2,108.92
-8.77 (-0.41%)    
3 NASDAQ 5,060.25
-31.84 (-0.63%)    

Most Read This Week

April 23, 2015 7810

Man Charged with Sodomy, Incest/Victim under 12

by SurfKY News
April 20, 2015 5024

Nortonville Woman Charged with Meth Possession at…

by Madisonville Police Department
April 24, 2015 4367

UPDATE: Police Can't Substantiate Injured Man…

by Doreen Dennis, SurfKY News
April 22, 2015 4077

Crime Stoppers Fugitive of the Week – April 22,…

by Hopkinsville – Christian County Crime Stoppers
April 22, 2015 4023

Madisonville Man Accused of Domestic Violence/Rape

by SurfKY News

Most Read This Month

April 17, 2015 13179

An Open Letter from an Addict

by Olivia Kirks
April 02, 2015 8892

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 26, 2015 1149

New Drug Helps Farmer with Parkinson's Return to…

by Laura Dawahare
April 27, 2015 890

Online Petition Seeking Re­opening of Shanice…

by Samantha Carver, SurfKY News
April 26, 2015 816

White Plains Civil War Festival Provides Learning…

by Tammy Holloway, SurfKY News
April 27, 2015 749

Hopkins County Sheriff's Reports Released -…

by SurfKY News
April 27, 2015 729

Hopkins County Drug War ― Are We Winning?

by Doreen Dennis, SurfKY News
April 26, 2015 705

Spring Lawn, Garden Fair Participants Learn from…

by Tammy Holloway, SurfKY News
April 26, 2015 625

College of Education Alum's Studies, Experience…

by Amanda Nelson
April 26, 2015 612

Dave Says - April 26, 2015

by Dave Ramsey
April 26, 2015 596

Legislator's Log - Week of April 26, 2015

by Brent Yonts
April 26, 2015 595

Mother's Day Buffet Planned at State Parks May 10

by Gil Lawson