Peak of the market was roughly 2005-2006 so, we aren't too far from your 2003 target levels.
I am in Tampa. The Market here peaked about 2007 At 100 to 150% of 2003 prices. It was ridiculous.Prices have only come about half back to that. Nobody wants to admit they were stupid to pay that much. The 700b needs to be at least 1.6t to cover. That is just the homes. Then they got 2nd”s and credit cards for tens of thousands and no way to pay.