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California, Nevada, Florida and Arizona led the nation for housing-price jumps a few years ago. Now, home prices are down in all of the states except Arizona. Figures released late last week show during the first quarter of this year housing appreciation fell 0.84 percent in California, 0.34 percent in Florida and 0.52 percent in Nevada. Arizona housing appreciation eked out a hike of 0.13 percent, according to the Office of Federal Housing Enterprise Oversight’s quarterly report based on repeat sales and refinancings on mortgages of $420,000 and less. Nationally, home prices were up about half a percentage point during the first three months of 2007.  More…

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