Is South Florida market too hot to buy now?

[Paulo Barreto]

I am a first time investor looking to start my portfolio. I live in Fort Lauderdale - FL and the market out here is very hot. Low inventory is driving the prices super high, just like everywhere else. Is this the time to bite the bullet and go for it? Or should I wait to better understand the implications of the current war in the global market and how it will affect interest rates and inflation?

It's my first time in the forum. Thank you all for the discussions and inputs.