Pertains both to the orientation of the individual (1) and their attributes (2). Can also be used in a negative or deragatory sense (3).
Cherise: Of course not darl, he's (a) hommeurre.
2. Ricardo: What about if I wore these pink hotpants?
Ivan: To be honest, they're a little too hommeurre.
3. Christian: "This sucks. So totally hommeurre!"