The months supply of homes, while still far from a "balanced market," has been hovering around two months recently, up from just about a month one year ago, according to a similar report from brokerage Re/Max of Southeast Michigan.
While the overall housing market has declined significantly from the pandemic-era peak of late 2020 and much of 2021, local real estate executives say the result is some places are hotter than others.Two years ago, geography mattered little, said Jeanette Schneider, president of Troy-based Re/Max…