Caught in the Act

Blake Lively and Ryan Reynolds Are Nesting

06/15/2012 at 02:45 PM EDT

They're stocking up!

Blake Lively and Ryan Reynolds, who began settling into a $2 million, five-bedroom, colonial-style home in Bedford, N.Y., in May, were spotted out together earlier this week nearby with bags of groceries.

The couple, who've been linked since last fall after costarring in Green Lantern, are also decorating their comfortable new abode.

Lively, 24, recently purchased $1,000 worth of knobs at Anthropologie, PEOPLE reports in its newest issue (out now). She's also been eyeing chandeliers a Westport, Conn., antique shop Parc Monceau.



"She has good taste," a source tells PEOPLE, "modern traditional with a twist."