YORK, Maine Jeff Jellison, a York native with more than 20 years of experience in real estate, said he hasn t seen anything quite like today s local housing market.
Demand has been exceptionally high in recent months, and the inventory in York is at an unprecedented low, spurring rapid-fire deal-making in an environment that clearly favors sellers, he said. Any time a nice house comes on the market, there s a mad dash for it, said Jellison, a broker and residential real estate developer with Century 21 Atlantic Realty. That demand is just going to continue .
it can t level out until the inventory starts to rise, he said.