Furniture is an investment, so you'd better know what you're in for when you foot the bill for that console you loved so much. One common term you'll come across when shopping for furniture is "wood veneer." This is essentially slices of a superior wood (walnut, mahogany, etc.) that have been glued to lower-priced wood (like pine). It's the next best thing to solid hardwood, because your furniture will be masked in a rare wood, but cost much less. Buyer beware, though: veneer can often peel, so it may need replacing. A product description will likely read something like "rich walnut veneer," meaning that it looks like walnut. If the description mentions "engineered wood," this means the veneer is glued to MDF, a less durable material made of compressed wood fibers, so double check before you buy.
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