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 This material may not be published, broadcast, or rewritten without permission.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
3/13 - 16
1 DOW 16,643.01
-11.76 (-0.07%)    
2 S&P 1,988.87
+1.21 (0.06%)    
3 NASDAQ 4,828.33
+15.62 (0.32%)    
3/13 - 16

Most Read This Week

August 24, 2015 10829

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News
August 24, 2015 6043

Alleged Burglar Calls 911 to Report Fire

by SurfKY News
August 24, 2015 4980

UPDATE: Four Dead, Two Survive Boating Accident

by SurfKY News
August 27, 2015 4490

All is Well after MNHHS Lockdown

by Doreen Dennis, SurfKY News
August 24, 2015 4065

MPD Coducting Sobriety Checkpoints

by SurfKY News

Most Read This Month

August 06, 2015 15567

Muhlenberg Woman Reportedly Suffers Violent…

by SurfKY News
August 24, 2015 10829

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

August 28, 2015 1322

Two Webster County Residents Injured in Hopkins…

by Doreen Dennis, SurfKY News
August 28, 2015 1180

Hopkins County Health Department Food Scores Thru…

by SurfKY News
August 28, 2015 959

Madisonville Police Arrest Reports Released -…

by SurfKY News
August 29, 2015 857

All Occasions Formals to Host Celebration to…

by Rita Dukes Smith, SurfKY News Director
August 28, 2015 733

Rep. Montell Proposes Bill to Stop Sweeping of…

by SurfKY News
August 28, 2015 586

Two-Vehicle Accident Results in Possible Injuries

by Doreen Dennis, SurfKY News
August 28, 2015 586

Rep. Gooch, Others Argue against Burden Caused by…

by SurfKY News
August 28, 2015 571

TVA Seeks Input on Study for Closing Coal Ash…

by SurfKY News
August 28, 2015 567

Kentucky High School Football Schedule

by Steve LeMaster
August 28, 2015 519

Alleged Passed out Parents Face Charges of…

by SurfKY News