A report by the Pew Hispanic Center finds that the huge wave of immigration from Mexico not only seems to have come to an end but is also reversing itself. This is a remarkable development, one that would have seemed unthinkable even five years ago. Illegal immigrants are self-deporting back to Mexico. One of the reasons is the softness of the U.S. housing market. The housing industry was a magnet for immigrants, and now the jobs aren’t available. The reverse migration will change politics. Border security and illegal immigration will diminish as front-burner issues. The border wall will turn out to have been unnecessary. The outflow of workers to Mexico will hamper the recovery of the housing market, and it will make new homes less affordable. Local schools and hospitals will be less burdened as the immigrant population disperses. These are just a few of the consequences that are foreseeable in the short term. Illegal immigration will continue to be an issue, but much of the heat will dissipate.