Is it a good time to buy my first home?

[Alex Ballesteros]

Hi,

I’m wondering what peoples general opinions are if it is a good time to buy at the moment based on how the housing market is currently? 

I was looking to pull money out from my Roth IRA & investments in stocks, but the stock market is not doing so hot this year (given my investment accounts are down).

My game plan would be to buy/ house hack a duplex or triplex here in LA or OC area (looking around $500K - $600K). And i would be trying for a conventional conforming loan or an FHA loan.

Let me know your suggestion & opinions! And if you have any area suggestions (in LA or OC) with that budget.