Despite a recent wave of negative economic news, the housing market is expected to continue to improve next year, according to Freddie Mac’s October Economic and Housing Market Outlook. The government shutdown, debt ceiling debate, and slowing economy have affected the housing recovery as we head into the fourth quarter, but the market should endure the economic shock. Frank Nothaft, Freddie Mac’s vice president and chief economist, said the housing recovery keeps chugging along despite a constant barrage of disruptions to the broader economy. Nothaft believes, though housing may briefly slow down as the year comes to an end, the recovery should continue to absorb the economic shocks in stride and improve next year. More here.