Posted on 2/2/14
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, 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

Taylor Riley
SurfKY News 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 This material may not be published, broadcast, or rewritten without permission.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.

3/13 - 16
3/13 - 16

Most Read This Week

October 06, 2015 4670

County Passes Occupational Tax Ordinance

by Doreen Dennis, SurfKY News
October 07, 2015 4347

Alleged Attempt to Hide Meth in Doughnuts Results…

by SurfKY News
October 05, 2015 3947

Four Charged with Drug Offenses after Motel…

by SurfKY News
October 06, 2015 3534

Dawson Man Charged with Cultivating Marijuana,…

by SurfKY News
October 02, 2015 3174

Mahr Park Project Manager Describes Present,…

by Tammy Holloway, SurfKY News

Most Read This Month

September 16, 2015 13187

Mining Accident Fatality - Update

by Doreen Dennis, SurfKY News
September 30, 2015 11249

Dawson Woman Dead After Princeton Factory…

by SurfKY News

Stories Trending Now

October 07, 2015 4347

Alleged Attempt to Hide Meth in Doughnuts Results…

by SurfKY News
October 07, 2015 2902

Vehicle Overturns during Two-Car Collision

by Rita Dukes Smith, SurfKY News Director
October 07, 2015 2467

3 From Greenville Indicted On Drug Charges

by SurfKY News
October 07, 2015 1146

McConnell Bill To Help Families Adopting Children…

by SurfKY News
October 07, 2015 1004

Madisonville Police Arrest Reports Released -…

by SurfKY News
October 07, 2015 696

MCC Participating in Used Mobile Phone Drive to…

by SurfKY News
October 08, 2015 685

Madisonville Police Department Reports Released -…

by SurfKY News
October 07, 2015 672

Lt. Gov. Urges Continued Healthcare Path for…

by SurfKY News
October 07, 2015 524

Two Arrested On Drug Charges After Investigation

by SurfKY News
October 08, 2015 513

UPDATE: Mortons Gap Boil Water Advisory Lifted

by SurfKY News