Will Housing Slump Affect Furniture Stores? - WALB.com, Albany News, Weather, Sports

Will Housing Slump Affect Furniture Stores?

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October 12, 2007

Albany - - The struggles in the housing industry are trickling down to furniture stores. 

Furniture Today, a trade magazine, says furnishing sales are expected to grow less than they have since 2001, partly because of the high number of foreclosures and slumping home sales.

One Albany store owner says it hasn't happened to him yet.

"Business has been good all year despite the hearsay of the housing market, business has been very good...they're coming in and re-doing their homes and re-modeling, so extra sales there," says Edward Cowart of Brooks Furniture.

Cowart says despite a housing slowdown... there will always be a need for quality furniture.

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