When you hear the name Goodyear, the first thought that probably comes to mind is about the tires on your car or the Goodyear Blimp. But in addition to being the name of a tire company, Goodyear is also the name of the city that was originally just 16,000 acres of land purchased for growing cotton for tire tread for the Goodyear Tire and Rubber Company. Goodyear officially became a city in 1986 and has grown rapidly ever since. In fact, its population continues to grow so fast that the town is expected to have more than 350,000 residents by 2035. If you want to live in a rent to own house, a rental apartment, or a house to buy, Goodyear's a great place to look.
Part of the original appeal of Goodyear was that around the year 2000, this far west suburb of Phoenix had very affordable housing. The median home price for Goodyear during May to July 2013 was $222,765, which was a year-over-year increase of 27 percent. Goodyears median price is slightly above the national median of $208,000, which reflects the popularity of this growing area.
The housing stock is also extremely new compared to the rest of the country: the median Goodyear home age is just seven years, compared to the national age of 35 years. A high 65 percent of homes are owner-occupied, with 20 percent rented and a higher-than-average 14 percent of homes and apartments vacant. The good news about such a high vacancy rate is that your available options for finding a place to live are excellent. If you want to move into a home and start getting established in a neighborhood, while bypassing the need for large amounts of cash on hand for down payments and closing costs, a rent to own home might be just the right choice for you.
Even though temperatures in Goodyear and the rest of the Phoenix area stay above 100 degrees during most of the summer, residents dont hide indoors with the air conditioning. Goodyear residents love outdoor recreation, and the city provides ample opportunities to enjoy it. Local sites for outdoor recreation include the Canyon Trails Recreation Center, Foothills Community Park, the Goodyear Ballpark and a 35-acre community park on Litchfield Road.
Although Goodyear is a small but growing suburb, there are still a number of distinct neighborhoods, each with a mix of rent to own houses, rental apartments and places to purchase. In general, Goodyear is a very safe town, so none of the neighborhoods are considered bad.
Rio Paseo: Rio Paseo is a prime location just north of one if the major interstates (I-10). This neighborhood offers plenty of sun (and sunrooms in the houses), and lakes to cool off in during the dog days of summer.
Crystal Gardens: A quiet, fishing and farming neighborhood is exactly what you'll find here. There's also a large lake in the center of the neighborhood, perfect for enjoying the temperate fall and spring weather.
Estrella Mountain Ranch:Estrella Mountain Ranch is the largest neighborhood in Goodyear. As a master planned community that includes golf courses, outdoor trails, a lake and a neighborhood shopping center, more than 4,000 families live in Estrella and many more continue to move there each day.
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