Thanks to these big-money investors as well as a shortage of supply, single-family home prices in Vegas have increased an average of 32.8% from a year ago, according to the Greater Las Vegas Association of Realtors.

The housing market is so tight that Realtors are calling people to try to get them to sell their homes. Agents are always trying to find homes to sell, but right now in Vegas, it's taken on a new fervor, reports National Public Radio.