Economy: Economic News, Policy & Analysis - The Washington Post: Why a housing recovery could happen sooner than you think, in two charts

Economy: Economic News, Policy & Analysis - The Washington Post Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.

Why a housing recovery could happen sooner than you think, in two charts Apr 5th 2012, 20:30 Here's what needs to happen for the housing crisis to end: People need to buy more houses, and banks need to be more willing to lend to them. The problem is, banks are still feeling nervous about lending to even creditworthy Americans, having been burned so recently by making loans to homeowners who couldn't pay them off. As a result, by most measures, credit standards have remained extremely tight, fueling a lot of pessimism about the housing recovery. But Capital Economics, a UK-based research firm, believes there are signs that banks may be turning the corner. Read full article >>

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