(RALEIGH, NC, February 25, 2010)- Hue, downtown Raleigh’s newest and most affordably priced community is open and selling fast.

“In the short time we’ve been open we have already sold 10 homes with several others in various phases of the buying process”, said John Butler, President of New Home Sales for Prudential York Simpson Underwood Realty (PruYSU) and Sales Manager for Hue. “The distinct style of Hue brings buyers in, but it’s having all the right elements—pricing, quality and location, that are really closing the deals.”

Hue is one of the most affordable places to live in downtown Raleigh. Condos begin at $141,000, with many priced below $200,000.  With available 3.5% FHA financing, buyers can own a home at Hue for roughly $1,060 a month, and that includes insurance, property taxes and HOA fees. Factor in the very generous $8,000 Federal Tax Credit for qualified first-time homebuyers, and you can purchase your new home at Hue for under $5,000 down. Financial opportunities like this don’t come around often and certainly won’t last.

Hue is perfectly situated at the northwest corner of Dawson and Hargett Streets in the Warehouse District of downtown Raleigh, close to nightlife, restaurants, galleries and more. Bold in color and uniquely contemporary in design, Hue is definitely a landmark in the re-emerging Raleigh downtown skyline. A courtyard with pool and barbecue grill, fitness center, lobby with concierge services, secure attached parking, and a residents’ lounge with bar area are just some of the great amenities that service the 208 condominiums with choices of studios, one-bedrooms and two-bedrooms. Each home offers a view of the Raleigh skyline or the well-kept courtyard.

Hue’s Sales Center is located in the building at 300 W. Hargett St. and is open Monday through Saturday 10am to 5pm and Sunday 1pm to 5pm.  To take a tour of Hue’s models and amenities today, please contact PruYSU Agent Tonia Brow at toniabrow@HueRaleigh.com or call 919-755-5005. Visit us at www.HueRaleigh.com.

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FOR IMMEDIATE RELEASE

Hue is Selling Now

(RALEIGH, NC, January 4, 2010)- Hue, downtown Raleigh’s most vibrant and affordably priced new community is selling now.

“Hue has been a long-time coming,” said John Butler, President of New Home Sales for Prudential York Simpson Underwood Realty (PruYSU) and Sales Manager for Hue. “The great vision behind Hue is now a reality as we begin writing contracts. It has all of the right elements—pricing, quality and location. No doubt about it, Hue is a great place to live.”

Hue is conveniently situated at the northwest corner of Dawson and Hargett Streets in the Warehouse District of downtown Raleigh, close to nightlife, restaurants, galleries and more. Bold in color and uniquely contemporary in design, Hue is a definite landmark in the re-emerging Raleigh downtown skyline. A courtyard with pool and barbecue grill, fitness center, lobby with concierge and residents’ lounge with bar area are just some of the great amenities that service the 208 condominiums consisting of studios, one-bedrooms and two-bedrooms. Each home offers a view of the Raleigh skyline or the well-kept courtyard.

Hue is also one of the most affordable places to live in downtown Raleigh. Condos begin at $137,000, and a majority of the units are priced below $200,000. FHA financing is available and buyers can still take advantage of the Federal first-time homebuyer tax credit until June 30th.

“With Hue’s opening, I expect to see a lot of movement downtown,” Butler remarked. “Hue redefines living options for first-time homebuyers that want to be downtown. Living, and more specifically owning, in downtown is now possible for these buyers. And they won’t have to sacrifice any amenities. Hue is all about value.”

Hue was developed by CityView, a national investment firm focused on metropolitan real estate and infrastructure. PruYSU, a regional division of Preferred Carolinas Realty, is handling sales for Hue.

Hue’s Sales Center is located in the building at 300 W. Hargett St. and is open Monday through Saturday 10am to 5pm and Sunday 1pm to 5pm. To take a tour of Hue’s models and amenities today, please contact PruYSU Agents John Floyd or Tonia Brow at johnfloyd@HueRaleigh.com or toniabrow@HueRaleigh.com or call 919-755-5005. The Hue website is www.HueRaleigh.com.

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