Phil says this to Haley's boyfriend, Dylan, in the first episode of season 1.
Who is the Homes he is referring to?

It's a somewhat dopey American slang term. "Homes"/"homeboy"/"homey."

It's a term of endearment, basically, meaning "friend." Phil says this to Dylan in a lame attempt to be hip.

Thanks, that clears up the mystery for me. Been racking my brains trying to work out what he was referring to.