Interest rates key to a real estate rebound

Headlines that ANZ economists expect the official cash rate to fall to 4.5% by the middle of next year should be welcome news to home owners.

With many real estate markets suffering from a glut of stock sharp reductions in interest rates together with a temporary doubling of grants available to first home buyers could be the stimulus for increased demand, lower stock levels, and higher prices.

I believe the next 3-6 months will present prime opportunities for people looking to make profits from the real estate market in the near term.