Louisa Jacobson, the daughter of famous actress Meryl Streep, has publicly come out as queer. She shared the happy news on Instagram with a photo of herself and her partner, which made fans and social media users very excited.
The 33-year-old actress, known for her role in “The Gilded Age,” posted pictures with her partner, Anna Blundell, on June 22. This date was special because it was both her mother’s birthday and during Pride Month.
In her post, Jacobson shared how happy she felt, writing, “blessed to be entering the Joyful New Era bb.” Her caption referred to a recent New York Times article called “We’re Entering a Joyful New Era of Lesbian Fashion.”
Support for Jacobson’s announcement flooded social media. Blogger Sky Maddas praised her choice of timing, saying, “COMING OUT AT YOUR MOM’S BIRTHDAY IS SO ICONIC.”
Socialite Derek Blasberg also joined in with a happy “Happy Pride.” Fans left encouraging comments like “omg so happy for you!” and “We’ll support you in every era kiddo!”
Earlier in June, Jacobson gave hints about her relationship by sharing ten photos on Instagram that showed her close bond with Blundell. One photo showed them taking a mirror selfie in an elevator, both wearing matching black outfits.
Another photo featured Blundell, wearing an “ITALIA” hat, kissing Jacobson’s cheek. Jacobson, in orange-tinted sunglasses and a grey denim jacket, looked happy.
One more photo showed them holding hands while walking down the street, both in denim and black long-sleeve outfits.
In the final photo, they stood in a living room, each holding a drink and looking towards a table outside where a child was sitting alone. Jacobson captioned the post, “Cute spring things.”
Even though Jacobson has come out publicly, she has kept her romantic life mostly private. She has shared photos with Blundell, but Blundell has only posted about their relationship once on Instagram.
On December 15, 2023, Blundell, a producer, posted a similar photo with the caption “Annual update,” showing herself looking away while Jacobson smiled at the camera under red light.
Jacobson’s new relationship is similar to her mother’s romantic life. After separating from her long-time husband, Streep was rumored to be dating one of her “Only Murders in the Building” co-stars last March after their appearance at the Golden Globes.
Before the recent rumors, Meryl Streep had been married to Don Gummer for 45 years. They got married in September 1978 after knowing each other for less than a year. They met through Streep’s brother, Harry.
Now, Streep and Gummer are separated. In 2023, a spokesperson for Streep revealed that they had been living apart for more than six years. The last time they were seen together was at the 2018 Oscars.
The spokesperson said that even though Streep and Gummer still care about each other, they have decided to live separate lives.
After their split, there have been rumors that Streep might be involved with her co-star from “Only Murders in the Building,” Martin Short. The rumors started when they were seen together at the 81st Annual Golden Globes.
At the event, Streep and Short were sitting with Selena Gomez, their co-star. All three were nominated for their roles, which added to Streep’s record as the most-nominated actor in Golden Globes history.
Fans noticed the chemistry between Streep and Short and began speculating on social media about whether they might be a couple. One fan said, “Sitting with the knowledge that Meryl Streep and Martin Short might be in love but I have no proof.”
Fans thought that if Streep and Short were dating, it would be a big deal. “If Martin Short and Meryl Streep are dating, that’s the biggest power couple going,” one fan said. Another fan added, “Martin Short and Meryl Streep — be the power couple of 2024 we all need if you aren’t already.”
Like Streep, Short was also in a long-term marriage. He married his wife, Nancy Dolman, in 1980, and they were together until she passed away in 2010.
Dolman died of natural causes after Short called 911 from their Los Angeles home. They had been married for 30 years and had three children: Oliver, Henry, and Katherine.
Reports said Dolman had been battling ovarian cancer since 2007. In 2019, Short talked about his marriage and losing his wife, calling it “a triumph.” He said he still feels connected to her and seeks her guidance on decisions, especially about their children. He believes that those who have passed away continue to have an impact on their loved ones.
Short explained, “This idea that it just ends, and don’t speak of them — that’s wrong. That’s based on denial that we’re all going to die. So to me, she’s still here.” Losing his wife also led him to embrace risk-taking.
The Canadian-born actor doesn’t believe in bucket lists, focusing instead on daily happiness. He keeps a list of categories like health and career, periodically giving himself a report card to identify areas for improvement.
Short reminisced about a childhood question: “What is the most important thing in life?” His response was simple yet profound: “To be happy.” For Short, part of that happiness comes from being helpful to the people he loves. “That’s what takes you from day to day,” he added.
Now, fans speculate whether Streep is one of the people Short loves. Rumors of a romance between them intensified after they were seen together at the 2024 AFI Luncheon.
Moreover, Streep and Short’s characters in “Only Murders in the Building” fell in love during the third season of the Hulu comedy. Fans have noted their great on-screen chemistry. “Only Murders in the Building” is a collaborative creation by Steve Martin and John Hoffman.
Hoffman shared that Streep expressed gratitude to him for crafting the romantic storyline involving her and Short’s characters in the series, noting their incredible on-screen connection. In season three, episode five, Streep and Short’s characters share a date on a ferry overlooking New York City.
Hoffman recalled Streep’s fondness for the ferry location, ranking it among her top two favorite filming sites. “It was the most magical night of shooting, and they were completely beyond wonderful together,” Hoffman remarked about the scene and the chemistry between Streep and Short.
Besides their on-screen chemistry, Streep and Short have been enjoying their time together off-screen. On February 21, 2023, the pair had dinner with friends at Giorgio Baldi in Santa Monica, California.
For their outing, Streep wore black pants with a hot pink button-down shirt and a red jacket. Short wore a gray sweater and a black blazer.
An insider shared details about their dinner. The source said, “They were really enjoying their meal and having a blast the whole time,” mentioning there was “lots of laughing” and that the group “couldn’t have been having a better time.”
Despite their close friendship, Short has denied any romantic relationship with Streep. In a January 2024 interview, Short said, “We are not a couple; we are just very good friends.”
Both Streep and her daughter Jacobson are moving on to new phases in their lives. Jacobson is in a new relationship with Blundell, and Streep is enjoying her close friendship with Short. They are both embracing these new chapters with love and support.
How to Own Your Dream Home
For most people, their first home isn’t their dream home. It starts off nice enough. But as time goes by and your family grows, starter homes tend to get a little . . . cramped.
But don’t hate on your current home too much. Because while it gave you a safe and dry place to lay your head at night, it was also setting you up to own your dream home someday.
We’ll show you how it all works and walk you through the steps that’ll get you in your dream home—one you can actually afford!
How to Get Your Dream Home in 5 Steps
Here are the steps:
- Follow the Financial Basics
- Find Out How Much Equity You Have
- Set Your New Home-Buying Budget
- Find the Right Dream Home for You
- Be Picky and Patient
Now let’s cover each step in more detail.
Step 1: Follow the Financial Basics
First thing’s first—you have to get out of debt, get on a budget, and build up an emergency fund of 3–6 months of expenses. Sounds pretty basic, right? If you haven’t completed these steps, then you’re not ready to upgrade to your dream home . . . yet.
Now, when you’ve got house fever, it can be hard to focus on paying off debt or saving an emergency fund before you upgrade your home—especially when you’re feeling the pressure of rising home prices and interest rates.
But whether it’s your second or third house, you should only buy a home when you’ve covered the financial basics we mentioned above. Then you’ll be ready to start the journey toward owning your dream house.
And that journey starts with your home equity. What’s equity? Well, we’re glad you asked . . . that brings us to the next step.
Step 2: Find Out How Much Equity You Have
Home equity is a pretty simple concept: It’s your current home’s value minus whatever you still owe on your mortgage.
See, in most cases, your home’s value increases over time. Similar to other long-term investments (like retirement accounts), homes gradually increase in value. There have been periods of ups and downs in the market to be sure, but the value of real estate has consistently gone up. According to the St. Louis Federal Reserve, the average sale price of a home has increased over 2,300% from 1965 to 2023! And in the last ten years (2013 to 2023), there’s been a 68% increase.1 As your home increases in value, so does your equity. In real estate terms, this is called appreciation.
Other factors that increase your home’s equity include:
- Added value: Home improvement projects like adding square footage, updating fixtures and appliances, or even just slapping on a new coat of paint can add value to your home.
- Mortgage paydown: Paying down your mortgage not only gets you out of debt faster, it also builds your equity. The less you owe on your home, the more equity you have.
The amount of equity you have gives you a pretty good idea of how much money you’ll end up with after selling your house. You can use that money to make a hefty down payment and cover the other costs that come with buying a home.
Find expert agents to help you buy your home.
So, how do you determine your home’s value? Well, you can get a ballpark estimate on real estate websites like Zillow, ask a trusted real estate agent to perform a competitive market analysis (which they’ll do anyway if they’re helping you sell your house), or get a professional appraisal.
Finding out your home’s equity will involve a little math, but it’s third-grade-level stuff, so don’t sweat it.
Here’s what we mean. Let’s say your home’s current value is $355,000. When you sell that house, you’ll have to pay for between 1–3% of the sale price in closing costs, another 6% in fees for the real estate agent who helped you sell it, and whatever’s left to pay off on your mortgage.
That means you can estimate clearing over $223,000 from selling your house. That’s a killer down payment on your dream home! And if your home is paid off, that’s even more money to put down and use to pay for things like repairs and moving expenses.
Step 3: Set Your Dream Home Budget
Once you know how much you’ll clear from the sale of your home, you can start making a budget for your dream home.
The key to owning your dream home (instead of it owning you) is to keep your mortgage payment to no more than 25% of your take-home pay on a 15-year fixed-rate mortgage, along with paying a down payment of at least 20% to avoid private mortgage insurance (PMI). Never get a 30-year mortgage even if the bank offers it (and they will). You’d pay a fortune in interest—money that should go toward building your wealth, not the bank’s.
So, let’s say your take-home pay is $4,800 a month. That means your monthly mortgage payment shouldn’t be any bigger than $1,200. By the way, that 25% figure should also include other home fees collected every month with the mortgage payment like homeowners association (HOA) fees, insurance premiums and property taxes.
Plug your numbers into our mortgage calculator to see how much house you can afford.
And don’t forget to budget for all those other costs that come with the home-buying process in addition to your closing fees—things like moving expenses and any upgrades or repairs you might need to make. You don’t want these hidden costs to catch you off guard or drain your emergency fund.
Step 4: Find the Right Dream Home for You
This is where things get real. After all your hard work building up your equity (and doing a lot of math—don’t forget that), you’re finally ready to start the house hunt. Woo-hoo!
But don’t lose focus. Stay zoned in by making a list of features that make a home fit your budget, lifestyle and dreams—and stick to it throughout your house hunt. Here are a few ideas to get you started.
- Don’t compromise on location and layout. If you plan to be in this home for the long haul, an out-of-the-way neighborhood or a wacky floor plan is a deal breaker. Look for a community and layout that’ll suit your lifestyle now and for years to come.
- Think about how much space your family needs. While your budget has the final say about how much home you buy, you’ll want your dream home to fit your family’s needs through different life seasons.
- Consider the school districts. If you have or want kids, the quality of the nearby school districts is probably already on your mind. But even if you don’t have kids or you’re retired, keep in mind that having good schools nearby could increase your home’s value.
- Look for a house that’ll grow in value. Are home values rising in the area? Is the number of businesses going up? These factors can help you figure out whether your dream home will turn into a good investment.
- Count the costs. Want that fancy master bathroom with the multiple showerheads and the Jacuzzi tub? Be clear on what’s a must-have and what’s nice to have. And don’t forget, upgraded features like that will make your dream home more expensive.
Step 5: Be Picky and Patient
We know you’re anxious to get into those new digs, but be patient. Wait for the right house at the right time. Don’t spend your money on a less-than-ideal home just because you’re tired of looking.
The key is finding a good real estate agent who understands your budget and refuses to settle for “good enough.” They’re as committed to your dream as you are and will have your back throughout the entire process, no matter what it takes.
In addition to teaming up with a great real estate agent, you can take a couple of extra steps to make sure you’re ready to strike as soon as the right home comes up:
- Get preapproved for a 15-year fixed-rate mortgage. Having preapproved financing is a green flag for sellers—especially in multiple offer situations. And because this puts most of your information in the lender’s system, you’ll be on the fast track to closing once your offer is accepted.
- Offer earnest money with your bid. Earnest money is a deposit to show you’re truly interested in a home. Usually it’s 1–2% of the home’s purchase price and it’s applied to your down payment or closing costs. Even if the deal falls through, you can almost always get most of it back.
Find a Real Estate Expert in Your Local Market
Now, you might be thinking you have some work to do before you’re ready to find your dream home. Or you may be realizing your years of hard work are about to pay off! Regardless, if you follow these steps, you’ll find the house you’ve always wanted and avoid a purchase you’ll regret.
Once you’re ready, connect with one of our RamseyTrusted real estate agents. These are high-performing agents who do business the Ramsey way and share your values so you can rest easy knowing the search for your dream home is in the right hands.
Find the only real estate agents in your area we trust, and start the hunt for your dream home!
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