Government Owned Properties.

In the height of the credit crunch. Governments had to step-in to save the economy from crumbling. Apart from banks and the big car companies, the government also had to play a role in individual economies by buying up personal foreclosed property.

Well, now that the future has a better outlook, people can bid and buy these properties back from the government.

Buying up such investments may prove profitable later on if there is a property boom.
Here is a link I found on such properties and it may explain more how you can participate and may be buy a home for yourself.

http://www.homesales.gov/homesales/mainAction.do