Christine Romans is minding your business with the latest on the stock market and good news about the housing market.
The Dow hit fresh record highs and is looking to make more gains today. Romans addresses the big question: Can it keep going? She says that while this bull market is four years old, it's not clear when it'll end. "The last leg of a bull market can often be the most profitable, but you don't know when it's gonna be over," she says.
In the housing market, "the number of homes available dropped more than 16% in February compared to a year ago," Romans says. "This is good because it sets you up for higher prices. It’s good for the selling season."
CNN's Christine Romans looks at latest news on existing home sales and median home prices, showing momentum in housing market.
New data shows that in the first quarter of 2012, significantly fewer homeowners are underwater on their mortgages than in the last three months of 2011, dropping from 12.1 million to 11.4 million.
But a new report out today from "Bloomberg Government" says this and other recent up-ticks in the housing market may not last and we're still a few years away from a full recovery.
This morning on "Early Start," Bloomberg Government economic analyst Nela Richardson explains the housing report and why the housing market may not make a recovery soon despite encouraging signs.