Ashlee Simpson is pregnant.

According to new tabloid reports, the twenty-three year old “Bittersweet World” star is expecting her first child with her new fiance Pete Wentz.

“They don’t spend a minute apart if they can possibly avoid it and are over the moon about the baby.”

Ashlee and Pete broke the news to her parents Joe and Tina together, OK Magazine reports. “Tina is super, super happy…Joe was his usual practical self. His first reaction was to worry how they were going to ‘deal’ with it, meaning all the real-life decisions that had to be made. But he couldn’t help but be won over because Ashlee, Pete and Tina were all so happy.”

And the expectant parents are already searching for digs for their new family: “They are already talking about finding something more kid-friendly.”

“These two love each other so much, are so happy about becoming parents and are fortunate enough to have really supportive families on both sides. They’ll figure it all out,” says an OK! spy.