People are scared of stop buying things and stop all investments when the market goes down. They fear of losing all and think that things would go worst than this. But some people find this as opportunity and not as a threat; these are more optimistic and suggest that things would be better in some time. People make out the most from these kinds of opportunities. If you belong to such kind of people and you are strong with your financial resources then you can go for some smart purchases as this can be the best time.
Prices are lowest at this time because of down market and as the market would rise you can expect a handsome rise in property. So all you need to do is a finding a location where you plan to settle which suits all your requirements of conveyance and of enjoyment including the robust night life.
Once you are over with location make available finance resources where you can have least interest charges either from banks (public or private) or you can also go for money lending from private people who lends money on some guarantee.
And now when you have a plenty of credit negotiate for the property you are going to buy until you get a reasonable rate. The market would boom again as it always was expected and can be seen from past experience of the great depression in 1930`s so one must buy property in down market to make most of it.