Is now a good time to purchase in the Greater LA market?

[Sam M.]

I'm wondering if now is a wise time to purchase an SFR for flip in the Greater Los Angeles market. When I constantly hear reports of it being in the height of the market, I worry that prices may drop and have a large impact on the return. I'm interested in hearing your thoughts about where the market is going from here and if holding off on a purchase for now would be a wise move. Thank you in advance!