With our 3.5% down payment FHA program, buyers can own at Hue for less than $5,000 down and under $1,000 a month**. Imagine living in the newest residences in Downtown for that little. And that includes interest, taxes and insurance as well as HOA fees covering the pool, fitness center, lounge and concierge.

If that wasn’t enough, the first 45 buyers will receive an additional free parking space in our secure parking structure and we’ll pay up to $4,000 of the buyer’s closing costs if the loan is obtained through Home Services Lending, LLC. And that’s on top of receiving a free washer, dryer and refrigerator with every home.

* First-time homebuyers may be entitled to a federal tax credit for a new home purchased by April 30, 2010 and used as a taxpayer’s principal residence.

** Based on FHA 5/1 Adjustable Rate Mortgage with loan amount of $138,446, initial interest rate of 3.75% and corresponding APR of 3.422%.

That means the days are getting longer, and homebuyers are coming out of hibernation. The best real estate selling season of the year is about to jump into high gear; don’t get left behind! We invite you to visit Downtown Raleigh’s newest, most vibrant condo community.

With Hue residences starting at just $141,000 and many other units priced affordably below $200,000, combined with 3.5% down FHA financing, you can own at Hue for under $1,000/month**. And with the $8,000 Federal tax credit* PLUS Hue paying buyers’ closing costs***, you will find that you can move into your new home for less than $8,000.

So, if you’re ready to move, be sure to join us for a private tour at Hue. Come in and learn about everything Hue has to offer you!

Based on the tremendous demand we’ve seen, Hue has expanded its hours. We are now open Monday – Friday noon to 8pm, Saturday 10am to 8pm and Sunday 1pm to 6pm. To take a tour, contact Tonia Brow atToniaBrow@HueRaleigh.com or call 919-755-5005.

* First-time homebuyers may be entitled to a federal tax credit for a new home purchase that closes escrow by April 30, 2010 and used as a taxpayer’s principal residence.

** Based on FHA 5/1 Adjustable Rate Mortgage with loan amount of $138,446, initial interest rate of 3.5% and corresponding APR of 3.25%.

*** We will pay all buyers’ closing costs except for lender origination fees when a purchase agreement is signed by March 31st and the loan is obtained through Home Services Lending, LLC.

At Hue, you get the downtown location that can’t be beat — you’re in walking distance to 135 nightlife spots and restaurants, over a dozen art galleries, unique shops and boutiques, museums, libraries, theaters … the list goes on. With market-leading pricing starting at $141,000, Hue offers the best value in a downtown residence.

Plus these amenities:

• Secure attached parking
• The Hue lounge, perfect for hosting a cocktail party with friends
• The private fitness center to start your day
• The beautiful pool, with free Wi-Fi, of course.
• A BBQ grill patio to cook up a meal to enjoy with family.
• The Hue concierge to help with weekend plans.
• Some of the best views in Raleigh.

Don’t take our word for it — come and see for yourself (where you can even get prequalified for a mortgage.) Or come by the sales center for a private tour.

* First-time homebuyers may be entitled to a federal tax credit for a new home purchase that closes escrow by April 30, 2010 and used as a taxpayer’s principal residence.

When you purchase now through March 31st, Hue will pay your non-recurring closing costs, excluding lender origination fees. That means all of that money can be put towards your down payment which gives you a lower monthly payment.

We will pay all of the following costs when a purchase agreement is signed by March 31st and the loan is obtained through Home Services Lending, LLC.

• Property Taxes thru June 30, 2010
• HOA Working Capital Contribution
• HOA Move-in Fee
• Lender and other fees as follows:
  • Appraisal Fee
  • Credit Report
  • Closing Attorneys Fees
  • Title Insurance
  • Flood Life of Loan Fee
  • Recording fees for Deed and Mortgage

If that weren’t enough, we’re also providing a new fridge, and washer and dryer with every unit. So what are you waiting for?

* First-time homebuyers may be entitled to a federal tax credit for a new home purchase that closes escrow by April 30, 2010 and used as a taxpayer’s principal residence.

(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.

###

It seems that when you build Raleigh’s newest, most vibrant and affordably priced downtown condo community, buyers in Raleigh take notice.

Hue residences begin at $141,000, with many priced below $200,000. With 3.5% FHA financing you can own at Hue for roughly $1,050 a month, and that includes HOA fees. Add in the very generous $8,000 Federal Tax Credit for qualified first time buyers and you can purchase at Hue for under $5,000 down. Financial opportunities like this don’t come around often and certainly won’t last.

If you’re serious about purchasing a new home in downtown Raleigh, you owe it to yourself to check out Hue.

In our next email update, we’ll share some of the exceptional incentives being offered at Hue. Or come in today and find out for yourself.

* First-time homebuyers may be entitled to a federal tax credit for a new home purchase that closes escrow by April 30, 2010 and used as a taxpayer’s principal residence.

Effective immediately, Hue is paying the following buyer’s nonrecurring closing costs:

• Property Tax Proration thru June 30, 2010
• 2 months of Home Owner Association fees
• HOA Move-in fee
• Lender and other fees as follows:
  • Commitment fee
  • Appraisal & Credit Report
  • Flood Certification
  • Title Insurance
  • Legal Fees
  • Recording/Transfer Fees
  • Stamp/Revenue Taxes

Sound like a good deal? It gets better. We’re also providing a new fridge and washer and dryer with every unit. And don’t forget about the $8,000 federal tax credit* for first time homebuyers. Hear that sound? It’s opportunity knocking.

*The Worker, Homeownership, and Business Assistance Act of 2009 has extended the federal tax credit of up to $8,000 for qualified first- time home buyers or up to $6,500 for certain qualified, current homeowners purchasing a principal residence. In cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

Even with all of that there’s still the best part – Hue offers a tremendous value to buyers. With prices starting at just $141,000, plus the $8,000* federal tax credit for first time homebuyers, ($6,500* for current homeowners), and current low interest rates, it all adds up to Hue being a great value in a beautiful package.

So, what are you waiting for? Contact us now.

It’s a new year, a new decade and your new home is waiting for you at Hue.

*The Worker, Homeownership, and Business Assistance Act of 2009 has extended the federal tax credit of up to $8,000 for qualified first-time home buyers or up to $6,500 for certain qualified, current homeowners purchasing a principal residence. In cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

Since we began marketing 9 months ago, 1,297 people have visited our sales office to gather information, ask about tours, and inquire about unit availability. This email is being sent only to those members of the “elite 1,297″ to announce that Hue is officially open for sales and we’re not stopping until every single one of our incredibly priced, vibrant homes is being lived in. Our prices are set and our sales team is ready to start writing contracts. Obviously with the huge amount of interest, and only 208 units available, not everyone is going to get in, and the most desirable units are definitely going to go first. Don’t be left out, contact us now.

It’s a new year, a new decade and your new home is waiting for you at The Hue.

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.

###