It's about a boy who never really loved you; he was in love with another girl, but his actions and words made her think that he loved her back.

First verse - is basically saying that he's saying that he's sorry, and he seems so sincere and truely sorry, but she's so that she was stupid enough to actually believe that all the time they spent together meant anything.

Chorus - is saying that she realizes that she's not gonna be the one that he falls in love with, and that fairytales don't always come true, and if he realizes that he actually likes her; hes too late to get her.

Verse two - is saying that maybe she got lost in his eyes, meaning that she fell for him so hard, that love was blind and she never saw that she actually had no chance with the guy. The next part said that she never knew that to be in love, you had to make an effort to outstand everyone else.

Verse three - this is where the guy does what every girl wants - he realizes his mistake and that he actually loves her. She knows that that was always what she wanted, but her pride is keeping her from going back.