1 In 2050, nearly one in five Americans (19%) will be an immigrant, compared with one in eight now (12% in 2005).  The foreign-born share of the nationâs population will exceed historic highs sometime between 2020 and 2025, when it reaches 15%. The historic peak share was 14.7% in 1910 and 14.8% in 1890.
Escrow is a short period of time (often about 30 days) where the seller takes the house off the market with the contractual expectation that you will buy the house - provided you don't find any serious problems with it when you inspect it. (For more on the escrow process, read 10 Hurdles To Closing On A New Home.)
An escrow company can provide that service â ensuring that everybody does what they agreed to do, and acting as a middleman to safeguard assets in the process. Thatâs why itâs important to use a trusted third party â a big-name escrow provider, or a service provider recommended by your real estate agent (assuming you trust your agent). Real Estate Escrow. A common use of escrow is the sale and purchase of a home. Escrow opens when a signed agreement is delivered to an escrow officer, who helps to ensure that the conditions of the contract are all satisfied (that inspections, disclosures, and objections are completed or resolved on time, for example).