Panic Is Setting In – The Housing Market Must Be About to Crash

Over the last few days, I have been flooded with articles about one mortgage company after another laying off hundreds, or thousands of employees because over the last several weeks, mortgage originations are down. Similarly, I am seeing articles that title companies who close residential loans, are laying off employees for the same reason. Armageddon has arrived! The market has finally crashed. We are all doomed!