Shopping App Letgo Enters the Housing Market

Jan 23, 2018

Single-family housing starts in November were at a rate of 824,000

And yet another online site is vying for homebuyer eyeballs: The shopping app Letgo has announced that it is now offering users the ability to list housing rentals and sales.

According to a report in TechCrunch, Letgo has more than 75 million downloads since its 2015 launch and is third behind Amazon and Wish in the iOS App Store’s Top Free Shopping section. While initially focused at second-hand merchandise sales, Letgo can now allow users to take a photograph and enter text descriptions of the property they wish to sell or rent. Interested users can use the app to converse with the individuals listing the property.

“We see this as the natural evolution of a vast and diverse marketplace like ours, especially as we approach the 100 million-download milestone,” said Letgo Co-Founder Alec Oxenford. “We’ve designed Letgo to make it effortless to list what you don’t need and find what you do in your own neighborhood, whether that’s a snowboard, an SUV or a two-bedroom apartment with a view.”

The company added that the new housing-related listing are being gradually rolled out in selected markets and will be available for all U.S.-based users by the end of January.

About the author

Phil Hall

Link copied

Published

Jan 23, 2018

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...

Wholesale

The Loan Store Rebrands As Averra Financial

The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings

The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...

Nov

Houston, TX

More from

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Analysis and Data

Oct 02, 2026

Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Analysis and Data

Oct 01, 2026

Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Analysis and Data

Sep 29, 2026

Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Analysis and Data

Sep 25, 2026

Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Analysis and Data

Sep 25, 2026

Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Tech

Sep 23, 2026

Popular