‘It’s been on the market for a year’: I’m under contract on a condo, but I’m worried I’m overpaying. Can I back out?

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Why This Matters

A homebuyer is concerned about overpaying for a condo and is considering backing out of the contract, citing a high mortgage payment of over $1,700 per month.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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“My mortgage payment would be over $1,700 a month.”

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Original article published by MarketWatch on February 12, 2026.
Analysis and insights provided by AnalystMarkets AI.