Stay current. Catch the drift.
Week of Monday, October 12 – Sunday, October 18, 2026
← All issuesWhat's spooky about the Seattle market this week

Seattle this week
Mortgage rates
30-yr fixed
7.40%
up from 7.28% last week
15-yr fixed
6.73%
Source: Freddie Mac Primary Mortgage Market Survey, week of 2026-10-08. National averages, so your rate depends on your situation.
Market snapshot
Median sale price · King County single-family
$960,000
+1.1% mo/mo · +1.5% yr/yr
Source: Zillow Research (median sale price, King County single-family homes).
Catch the drift
The time Seattle washed a hill into the bay
Belltown used to sit under Denny Hill. Starting in 1898, the city decided the hill was in the way, and over the next thirty years crews blasted it with high-pressure water and sluiced the dirt down into Elliott Bay.
Some owners refused to sell, so for a while their houses perched on dirt towers while the hill disappeared around them. People called them spite mounds. The flat streets you walk downtown today, from Second Avenue up toward Denny Way, are the result.
Next time you are crossing Belltown without breaking a sweat, thank a fire hose.
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