A friendship that's evolved to the point where the two actually get to be homies. Usually, but not always, stemming from the individual who has put the other in the friend zone.
Martha come hang out with me tonight. I know you had a things for me but I miss the homieship we had.
A "Homieshizznitt" is referred to somebody/ something as "cool" or "awesome". "Homieshizznitt" is often used to substitute words to indicate something greater than the actual definition. It has more value and passion towards what you are referring is (a) "homieshizznitt"
1. You're a homieshizznitt (you're cool)
- She is a homieshizznitt (shes cool)
- I'm a homieshizznitt (I'm awesome)
- because we're homieshizznitts (because we're cool like that)
2. That's homieshizznitt (that's awesome)