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

e-max.it: your social media marketing partner

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 This material may not be published, broadcast, or rewritten without permission.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

Weather Sponsored by

1 DOW 16,102.38
-272.38 (-1.66%)    
2 S&P 1,921.22
-29.91 (-1.53%)    
3 NASDAQ 4,683.92
-49.58 (-1.05%)    

Stock Report Sponsored by

Most Read This Week

September 04, 2015 21224

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
August 31, 2015 6933

Man Convicted of Hopkins Countian's Death Granted…

by Doreen Dennis, SurfKY News
September 02, 2015 6286

Madisonville Gaining Two New Businesses

by Ron Sanders
August 30, 2015 4086

UPDATED: 'He Fought the Law ... but, the Law Won'

by Doreen Dennis, SurfKY News
September 02, 2015 3551

Investigation Leads to Meth Trafficking Charge

by SurfKY News

Most Read This Month

September 04, 2015 21224

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
August 24, 2015 12504

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

September 04, 2015 21224

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
September 04, 2015 2104

Man Charged with Kidnapping 8-Year-Old Girl

by SurfKY News
September 04, 2015 920

Hopkins County Health Department Food Scores Thru…

by SurfKY News
September 04, 2015 807

Madisonville Police Arrest Reports Released -…

by SurfKY News
September 04, 2015 744

Madisonville Christens New $1.1M Ladder Truck

by Doreen Dennis, SurfKY News
September 04, 2015 724

Franklin Graham Offers Opinion on Kim Davis Case

by SurfKY News
September 04, 2015 716

Hopkins County Sheriff's Reports Released

by SurfKY News
September 04, 2015 696

Henderson, Paducah, Owensboro, Madisonville…

by SurfKY News
September 04, 2015 660

Owensboro Air Show, Century Aluminum Announce…

by SurfKY News
September 04, 2015 611

Harmful Algal Bloom Recreational Advisory Issued

by SurfKY News