Since I live ten minutes from Elsinore — in Murrieta — I want to get you to consider looking a bit further south.
If you have kids, you want to be in Murrieta or Temecula for the better schools. Also, the Costco/Lowes/Home Depot complex is helpful, but you would end up at Temecula Mall for the restaurants sooner or later. Temecula is the world capital of chain restaurants.
I would think that you could get some really good deals in these areas as prices fall. How about checking out the repos at Harveston, or seeing what kind of bargains Lennar is offering over there?
My personal “avoid” list includes Elsinore (sorry about that) Menifee (weak schools, one sheriff for the whole area)
and French Valley (good if you are in prison or have a private plane though).Wildomar has some pretty areas, but it won’t be a city for awhile.
Why do I say to avoid Elsinore? I am a teacher, last semester one of my students came to an evening class two hours late and told me “Sorry I am late, but I live in Elsinore and a SWAT Team had closed the street to deal with a guy holed up in the 7-Eleven.”