Buying in a sellers market

[Brayden Stevens]

I want to begin my Real Estate portfolio by house-hacking during college. My university is in the Salt Lake City Utah area. It is a great place to live and go to school but right now it is definitely a sellers market. I am nervous about buying while home prices are so high but I don't want to wait potentially for years to have a better buying market. 

How can a buyer be successful in a sellers market?

How would I tell when there is a better buying market?

Should I postpone investing while home prices are high?