People.com: The real-estate market may be sagging in real life, but it's looking up on TV: The CW has reportedly signed a deal for Ashlee Simpson-Wentz to move into Melrose Place.

The singer-actress, 24, plans to return to TV as a small-town girl who arrives in Los Angeles with a big secret, according to the Hollywood Reporter. The character she will play - seven years after her first big role on the WB's 7th Heaven - is said to resemble the Southern-belle-turned-actress portrayed on the original Melrose by Amy Locane, says the trade paper.

Simpson-Wentz and her rocker husband, Pete Wentz, will also guest star on the March 18 episode of CBS's CSI: NY as a Bonnie-and-Clyde-like couple who get caught up in a drug deal gone bad. "I wish I got the chance to be murdered or rob a bank but I heard the make-up is much longer for that," Wentz, 29, recently told PEOPLE.

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