When you boot up the homestead do you get something like this, listing the shared folders?

....
==> default: Mounting shared folders...
    default: /vagrant => C:/local_devel/Homestead2
    default: /home/vagrant/Code => C:/local_devel/Code
....

Not enough info here to really help much.

Yes I do: http://i.imgur.com/VqckQWz.png

Interesting, you might try the debug mode.

Will need to set the env var to trigger debug mode for vagrant, maybe it will give more info.

\> set VAGRANT_LOG=info
\> homestead up

The homestead up command doesn't have support for the --debug built in.

Here: http://pastebin.com/raw.php?i=82860dS0

I'm not sure what to tell you, from what I see it should be mounting the path correctly.

 INFO guest: Execute capability: mount_virtualbox_shared_folder [#<Vagrant::Machine: default (VagrantPlugins::ProviderVirtualBox::Provider)>, "home_vagrant_Code", "/home/vagrant/Code", {:type=>nil, :guestpath=>"/home/vagrant/Code", :hostpath=>"C:/sites", :disabled=>false, :owner=>"vagrant", :group=>"vagrant"}] (ubuntu)

Which is mounting the homestead vm path of "/home/vagrant/Code" to the local machine path of "c:/sites".

And the other is

INFO guest: Execute capability: mount_virtualbox_shared_folder [#<Vagrant::Machine: default (VagrantPlugins::ProviderVirtualBox::Provider)>, "vagrant", "/vagrant", {:guestpath=>"/vagrant", :hostpath=>"C:/Users/Compaq/AppData/Roaming/Composer/vendor/laravel/homestead", :disabled=>false, :owner=>"vagrant", :group=>"vagrant"}] (ubuntu)

Which is mounting the homestead vm path of "/vagrant" to the local machine path of "C:/Users/Compaq/AppData/Roaming/Composer/vendor/laravel/homestead".

Not sure what to offer ...

Did you try rebooting your computer? I had the same problem and a simple reboot seemed to fix the problem.

Yes I tried to reboot it multiple times.