Buyer activity is steady, pricing is key, and sellers who make smart moves are getting results says Louise Phillips Forbes. With 34 years of experience and nearly $6 billion in career sales, Louise is a top-producing agent at Brown Harris Stevens and one of the most trusted voices in New York real estate.
Her current take on the residential landscape:
- New York Always Endures. Despite recent political noise, New York remains one of the most resilient markets in the world. From COVID to financial crises, the city always bounces back—and the savviest investors know it. Real estate families aren’t selling off portfolios; they’re holding, waiting, investing. Louise sees this as a moment to play offense, not sit on the sidelines.
- Serious Buyers Are Watching. Buyers are tracking listings closely, waiting for movement, and responding quickly to value. Even modest price adjustments are sparking renewed interest, with previously quiet listings drawing multiple full-price offers. Momentum builds fast when sellers show they’re serious.
- Luxury Rentals: More Transparent, Not More Affordable. Since the FARE Act took effect on June 11, broker fees are being passed directly to renters, driving up overall costs. Demand remains strong across price points, with little to no room for negotiation. The law may have added clarity, but it hasn’t lowered the expense.
Representing sellers and buyers, she is responsible for nearly $50 million of prime New York City properties closed and in contract this year alone, with no signs of slowing.
