No Russian Oil Money in Crested Butte Yet

Good day,

The Russians are coming. The real estate market has slowed in Colorado ski resorts, but there are still people buying property – expensive property. The Aspen Times reported that a home in the Aspen area recently sold for $20.75 million, and another home in Snowmass Village sold for $14.5 million.  The buyer of the Snowmass home is a Russian oil man: Eugene Shvidler.  He is ranked No. 161 on the Forbes richest people list in 2007. He is also a business partner of Roman Abramovich, an oil tycoon from Russian who paid $36 million in April of this year for an estate outside of Aspen.

Thanks for visiting!

Channing Boucher
Crested Butte Real Estate Agent
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