How has the housing crisis affected home fashion retail?

With the recession in play, it is obvious that houses are not selling well. With our economy falling each and every day, more than houses are not being bought. With houses that are unable to sell comes many problems. Real Estate agents jobs are in trouble.
Right now, people only want to buy the necessities they need in life. Most of these people already have a home that is already furnished so therefore the housing market and the home fashion market are continuing to decrease in sales. Since people are not buying houses, they are also not furnishing or remodeling them as they did in previous years when the economy was in a better standing.
With the recession, the last thing people are thinking about doing is refurnishing their home. They are only thinking about how they can get through this recession without causing problems within their finances. Once the economy does finally go back up, you can expect to see the home fashion retail market go up as well.