Kiamf, I happen to have a crystal ball right here, but before I tell you what it says, let me say this: I'm glad it's your "Dream Home" because hopefully that means you aren't leaving any time soon.
Crystal ball jokes aside, I don't see prices truly stabilizing until 2012, maybe 2013, with higher end homes stabilizing first. As for when you will see 2007 prices, I would need to know: a) what you believe that price to be & b) the address of the house. If I had to guess, I'd say between the years 2015-17.
As a student of the market, one thing I know is that there are a lot of different opinions, but that's the direction they collectively point in. Call or e-mail me if you need more detail or have more questions.