Under Contract, Cold Feet in Colorado Springs

[Eric Frith]

Hi everyone. First time on the forum. I'm in Colorado Springs, CO. I've been renting since my divorce. Decided in March 2020 it was time to buy...rough year. After getting outbid by cash offers 6 or 8 times, I finally had an offer accepted on an 1889, stone-built home, at $50k above asking. It's just a _little_ outside the bounds of the neighborhood I was targeting; the street is not _quite_ as nice or shady as the place I rent. A good 35-50% of the homes on the street are rentals. And stimulus and sentiment seem to be plateauing. In short, I've got cold feet. Any advice to help me make a decision in a market like this? Appraisal came back right at contract price. Any help appreciated!