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Call me a heretic, but I cannot STAND wood siding. It rots, termites eat it, it doesn't hold paint for shit, and it's combustible. The California wildfires alone should have been enough to put you off wood siding for life. And if you want something that doesn't rot, you're looking at ACQ pressure-treated stock, which you should NEVER, EVER use as siding--when ACQ lumber, which contains quite a bit of copper, burns, the smoke from the fire is exquisitely lethal. (Pretty much all exterior-rated pressure-treated lumber is the same way, since all of it has a lot of copper in it. The only PT you can buy that's not this way is SillBor, which is pressure-treated framing lumber. It contains borate, which kills bugs. You won't use it outside because water leaches the borate out of the wood. Wood windows are also treated with borates--Andersen's windows have been borate treated for a while, and Jeld-Wen's new Auralast windows are also treated. I'm pretty sure MW windows are not treated, since their stuff has a one-year warranty on the wood components.)
I've been working very diligently to get people into buying fiber cement siding--and, for the most part, succeeding. I think fiber cement is the nicest siding currently on the market. It is completely fireproof. It is completely incapable of rotting. It's waterproof--somewhere in the store we have a little display James Hardie put together. It's an acrylic box containing a piece of hardipanel siding soaking in water. It's been in there since 2002 and it's still as hard as it was the day they put it in there. It holds paint exceptionally well--you're looking at 15 years minimum. You can get this siding prepainted so you don't even have to do that if you don't want to. (You probably will once you find out what it costs, though; prepainted hardiplank ain't cheap.) It comes in a variety of surface textures, including a very believable stucco. It looks a LOT better than vinyl. And the price is not out of line.
Not a big fan of wood fencing either, although if you get something in cedar you should be okay.
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