Not back to 2007 prices

[Erik Sherburne]

I'm finding properties that haven't yet reached the sales price they were in 2007. Granted that was a bubble but is it unreasonable to assume that they "should" get back to at least those levels in the next couple years? They are in the mid $100k and are about 10%-15% from 2007 in good neighborhoods. This isn't a bet on appreciation as they still cash flow but moreover future planning/selling.