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**Embargoed until 6/2 8:30pm pst  Blake Lively, Ryan Reynolds

247PAPS.TV / Splash News

Blake Lively and Ryan Reynolds are looking to take the big city by storm!

The actors, who are currently expecting their second child, were spotted house hunting in New York City earlier today.

The pregnant actress was seen dressed in a pair of boyfriend jeans, a grey shirt and sneakers and kept her famous face out of the sun with a floppy hat.

Meanwhile, her hubby wore an equally casual ensemble while he and his leading lady checked out properties for their expending brood.

A source tells E! News that they duo has been looking at places since last year and have narrowed their search to a few neighborhoods, but haven't found anything that suited them just yet.

**Embargoed until 6/2 8:30pm pst  Blake Lively, Ryan Reynolds

247PAPS.TV / Splash News

In late April, we confirmed that The Shallows beauty has a bun in the oven and that both she and Reynolds have already been brainstorming baby names.

"Blake is looking forward to having baby number two," a source told us at the time the news first broke about her pregnancy.

"Blake is only in her second trimester, but she already has some baby names in mind."

Even though the good-looking pair has yet to welcome their second little one into the world, our insider told us that Blake "wants at least three children, maybe more."

It's an exciting time in the Reynolds-Lively household, that's for sure!