Preforeclosures

Pre-foreclosures are homes or property that are about to go into foreclosure. This is where some of the best deals can be had, before they are seen by every real estate broker and buyer on the planet. These are generally negotiated directly with the owner, who is eager to avoid the hassles of foreclosure.

For more information read Preforeclosures

this is were you see all these signs we buy homes..They want to buy your home before
foreclosure.

as with most things real estate, it really depends on the wider market activity.  I'bve been hearing about inmprovements in the US market but haven't had anything concrete.

If you can pick the stabalising point you'll be well on your way to a profitable purchase.  If not, look at what you can comfortably afford and shop within that.  That way even if the market drops further you can hang onto the house you have and like.