The Goldilocks Zone: Where Life Can Thrive

TL;DR Summary
Not too hot, not too cold. The Habitable Zone is the sweet spot around a star where liquid water can exist on a planets surface.
The Crucial Ingredient
Life as we know it requires liquid water. Therefore, astrobiologists looking for extraterrestrial life focus on planets that could potentially support oceans, lakes, and rivers on their surface.
The Habitable Zone
The "Goldilocks Zone" (or Habitable Zone) is the region around a star where the temperature is just right—not so hot that water boils away into steam, and not so cold that it freezes solid.
Moving Boundaries
The location and size of the habitable zone depend on the size and temperature of the host star. For a hot, bright O-type star, the habitable zone is very far away. For a cool, dim M-type red dwarf, the habitable zone is much closer in. As a star ages and becomes brighter, its habitable zone gradually moves outward.