Davis Motor Sales banner ad
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

© 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 This material may not be published, broadcast, or rewritten without permission.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
3/13 - 16

Most Read This Week

February 21, 2015 6824

Traffic Advisory for Western Kentucky

in Top News For All Sites by KTC
February 25, 2015 5902

Multi-Agency Investigation Nets Large-Scale Meth…

in Top News For All Sites by Trooper Stu Recke
February 25, 2015 5829

New Asian Restaurant Coming to Madisonville

in Local (Hopkins) Top News by Gary Gates, SurfKY News
February 24, 2015 5828

Two Charged in Central City Meth Bust

in Local (Muhlenberg) Top News by Trooper Stu Recke
February 22, 2015 5623

Easter Cuties Pageant in Memory of Shanice Bean

in Top News For All Sites Touching Hopkins by Tammy Holloway, SurfKY News
February 21, 2015 5303

Local Administrators Warn Employees to Watch for…

in Top News For All Sites by Tammy Holloway, SurfKY News

Most Read This Month

February 12, 2015

UPDATE: Name of Pennyrile Fatality Officially…

in Top News For All Sites Touching Hopkins by Doreen Dennis, SurfKY News
January 28, 2015

UPDATED: Several Involved in Two-Vehicle Accident

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News

Stories Trending Today

February 26, 2015 2767

Man Accused of Holding Woman against Will,…

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Detention Center
February 26, 2015 2698

Woman Charged for Allegedly Selling Hydrocodone

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Detention Center
February 26, 2015 1945

Area College Students Touched by Cancer are…

in Top News For All Sites by Tammy Holloway, SurfKY News
February 26, 2015 1901

Hopkins County Health Department Food Scores Thru…

in Hopkins News by Barry Franklin
February 26, 2015 1833

Madisonville Police Arrest Reports - Feb. 26, 2015

in Hopkins News by Madisonville Police Department
February 26, 2015 1777

Probation and Parole Violators - February 26,…

in Video by Crime Stoppers
February 26, 2015 1582

Super Sunday Hall of Fame Alumni Honored College…

in Top News For All Sites by Joyce Riggs
February 26, 2015 1459

Walmart Evacuated after Customer Alerts 911 of…

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News
February 26, 2015 1176

Gov. Beshear Announces NASCO Expansion in Bowling…

in General News For All Sites by Office of the Governor
February 26, 2015 1088

Lions Man, Woman of Year Announced

in Local (Hopkins) Top News by Chris Findley