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 This material may not be published, broadcast, or rewritten without permission.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

Most Read This Week

April 13, 2015 6123

Three Juveniles, Adult Accused of Vandalizing…

by Deputy Will Coursey
April 14, 2015 4692

Several Juveniles Charged in Connection with Fight

by SurfKY News
April 09, 2015 3895

MPD, HCSO Joint Investigation Leads to Two…

by Lt. William Poe
April 16, 2015 3297

Crime Stoppers Fugitive of the Week – April 16,…

by Hopkinsville – Christian County Crime Stoppers
April 09, 2015 3116

Woman Charged with Multiple Offenses Including…

by Madisonville Police Department

Most Read This Month

March 18, 2015 10025

UPDATE: Hanson Man Located in Henderson, Taken to…

by Trooper Stu Recke
April 02, 2015 8413

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 16, 2015 3297

Crime Stoppers Fugitive of the Week – April 16,…

by Hopkinsville – Christian County Crime Stoppers
April 16, 2015 1933

Dawson Native, Former Disney Graphic Designer…

by Amber Averitt, SurfKY News
April 17, 2015 1524

An Open Letter from an Addict

by Olivia Kirks
April 16, 2015 1321

Madisonville Police Arrest Reports Released -…

by SurfKY News
April 16, 2015 1316

Hopkins County Health Department Food Scores Thru…

by Barry Franklin
April 16, 2015 1154

Muhlenberg District Court Fines Handed Down

by Charles W. Riley II, SurfKY News
April 16, 2015 1142

Hopkins County Sheriff's Reports Released

by SurfKY News
April 16, 2015 1019

Business Spotlight: Community Health Centers…

by Charles W. Riley II, SurfKY News
April 16, 2015 893

Children’s Advocacy Director Shares Information…

by Amber Averitt, SurfKY News
April 16, 2015 782

Kentucky's Jobless Rate Dips to 5.1 Percent in…

by Kim Brannock