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Alert the masses! Blake Lively and Ryan Reynolds are shacking up, big time!

The lovebirds have reportedly purchased a country home together.

PHOTOS: Blake Lively Talks Boyfriends, Clothes & Kids in Elle!

They were first linked together last year and it appears things have gotten quite serious since then.

There have been rumors that the couple is relocating to Connecticut, but no confirmation if this is true. But a source tells People magazine “The house cost more than $2 million.”

Blake and Ryan have been spotted canoodling and going on dates for a while now so maybe it is just the right time for the duo to take the next step.

Mmm… do we hear wedding bells in the near future?

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