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National Housing Conference
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NEW Center Study:

Impacts of Homeownership Education and Counseling on Homebuyer Purchasing Power


November 2007

In addition to reducing defaults and foreclosures, homeownership education and counseling is often claimed to help families achieve homeownership in the first place by helping them to navigate the homebuying process, improve their credit, and access favorable financing products.


Photos by InSight Foto, Inc.

This study tests an approach to quantifying this benefit by estimating the amount of increased purchasing power that results from homeownership education and counseling. While the results are preliminary, they provide early suggestive evidence that high-performing homeownership education and counseling agencies may provide quantifiable benefits that exceed their costs of assistance. The study also makes recommendations for how data could be collected on a more systematic basis to track and assess these benefits.