I did it! I bought a heart shaped styrofoam at Jo-ann Fabric for $2.49. I had a yard of red and pink seersucker fabric I've had for years, some Elmer's glue and a pencil and Voila!
I saw a tutorial on some blog and made this wreath in less than an hour. I cut the fabric with a pinking shear and it gave the wreath some more depth. From far away, it looks like the wreath is made of rose petals. I love it, it is super cute on my front door.