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It’s been a great year for real estate in DC so far. There’s plenty of new residential construction and lots of property sales.

From October 2012 to July 2013, the District issued permits for 3,328 housing units. When the numbers for the entire fiscal year are in, it will likely surpass the 4,091 permits issued in 2012, which was an increase over the 2,459 issued in 2011. These are both significant improvements over the 499 building permits issued in 2009.

Most of the permits are for construction of DC apartments.  AvalonBay Communities, Inc. recently received permits for a 436-unit apartment building at 55 M Street in Northeast. This is an addition to an existing apartment building at 1160 First Street, NE in NoMa called Archstone First and M. The…

The Silver Line, a 23-mile extension of Metro past Dulles Airport, is one of the largest infrastructure projects in the country. This development will occur in two phases:  Phase 1 is nearly complete, and Phase 2 just was just formally approved to start work.

Phase 1 of the Silver Line branches off from the Orange Line between the East Falls Church and West Falls Church stations. This phase includes four new stations in the Tysons Corner area and one in Reston at Wiehle Avenue. This phase of construction is 94% complete.

Phase 2 of the Silver Line includes six stations across 11.4 miles. The stations will be in Fairfax and Loudon counties at Reston Town Center, Herndon, Innovation Center near Route 28, Washington Dulles International Airport, Route…