Cement Stucco is durable and appealing siding installation. It can be installed directly onto cement blocks or over wire lathe. Cement stucco should not be confused with EIFS. It is not nearly as prone to the type of water damage associated with synthetic installations. Cement stucco can be prone to cracking and surface damage. Your inspector will identify whether or not your perspective home has a real cement stucco installation and the condition it is in.