The Multifamily Brief: Submarines, Statutes & a Thousand New Doors — CT & RI's 2026 Apartment Market

Posted by Tim Bray on August 20th, 2026

Town Meeting Minute · Special Edition · August 2026

The Multifamily Brief: Submarines, Statutes & a Thousand New Doors

Everything moving the multifamily market in New London, Middlesex, Washington, and Newport Counties — the demand engine, the capital, the pipeline, and the two statehouses rewriting the rules.

There are markets where multifamily is a spreadsheet exercise. Southeastern Connecticut and southern Rhode Island are not one of them. Here, the story writes itself in steel: one employer planning 8,000 hires in a single year, a $76.6 billion Navy award, and a housing stock that was never built to absorb it. Layer on the most consequential rewrite of land-use law either state has seen in a generation, and you get the rare moment…

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Relocation Guide to Southeast Connecticut

Posted by Gino Penasa on July 30th, 2026

Which Towns Near Electric Boat and the Submarine Base Are Good to Buy In? A Local's Guide

By Gino Penasa, Seaport Real Estate Services

If you're relocating to Southeastern Connecticut for a job at Electric Boat or Naval Submarine Base New London, you've probably already discovered that the internet's answer to "where should I live?" is a list of five town names and the word "depends." That's not a guide. That's a shrug.

I live in Waterford, right in the middle of this corridor, and I work this market every day, so I thought I'd weigh in with an actual answer — one with real drive times, real price ranges, and the honest trade-offs of each town. This is the guide I'd give a friend transferring in.

First, what's your reporting location?

…

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2026 Connecticut Property Tax & Mill Rate Report

Posted by Tim Bray on July 5th, 2026

2026 Property Tax Report · Connecticut

The list price tells you what a home costs to buy. It says nothing about what it costs to own — and in 2026, that second number is where Connecticut buyers get surprised. The same home, one town line apart, can carry a tax bill that differs by well over a thousand dollars a month.

10.85 Lowest rate
(Washington) 68.95 Highest rate
(Hartford) 28.39 Statewide
median 169 Towns in
this report

The number most buyers never check

Everyone shopping for a home watches the price. Far fewer ask the question that actually sets the monthly payment: what’s the property tax? In Connecticut, the answer comes from the town’s mill rate — the dollars…

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Seaport Multifamily Brief — Issue #4 Two Weeks, Two Stories: Rhode Island Accelerates While Connecticut Pauses

Posted by Tim Bray on April 2nd, 2026

Seaport Multifamily Brief — Issue #4

Two Weeks, Two Stories

Rhode Island Accelerates While Connecticut Pauses

Powered by CoStar Data and Seaport Due Diligence

In just the past two weeks, coastal multifamily activity told two very different stories. While New London and Middlesex Counties remained relatively quiet, Newport and Washington Counties showed noticeably stronger velocity, deeper buyer confidence, and far more visible transaction movement.

Executive Summary

Sometimes the market speaks loudly. Sometimes it whispers. Over this two-week period, Rhode Island’s coastal multifamily markets spoke clearly. Connecticut’s coastal markets, by comparison, were quieter and more cautious.

That does not mean…

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82 Valley Drive, Salem CT — Renovated Colonial/Cape on a Cul-de-Sac with Pool

Posted by Andrew O'Reilly on August 20th, 2025

 

Tucked at the end of a quiet cul-de-sac, 82 Valley Drive blends small-town tranquility with resort-style living. This renovated white Colonial/Cape offers 4 bedrooms, 3 full baths, a finished lower level, and an in-ground pool on 1.88 acres—designed for everyday comfort and effortless entertaining.

Step inside to a sun-filled main level anchored by an updated kitchen with quartz counters, stainless steel appliances, an island, and the cozy charm of a wood stove. The kitchen flows into an oversized living room that easily hosts game days, movie nights, and holiday gatherings. A main-floor bedroom beside a full bath adds welcome flexibility for guests, a home office, or multigenerational living.

Upstairs, the spacious primary suite feels like…

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