Over heating brakes in hot weather with a strong smell

Your brake caliper and/or brake hose is hanging up not allowing fluid pressure to release. Most likely your brake rotor is already warped from excessive heat also. Replace caliper(loaded or unloaded) and hose ,bleed brake system and you're good to go.

pull off wheel and check brake pads low,caliper sticking ,or debris -if brakes look good than check hub-wheel bearing----- may be going bad

This happens often on Fieros. It turns out that the clamp that holds the brake hose rusts. The rust presses against the hose, restricting it's flow. You don't notice when the brakes are worn and basically not working, but after repairs you get locked up or overheated brakes. Remove or replace clamp and or hose.

if not braking? just before (all braking makes heat)
this means the brakes are dragging
a very dangerous condition.
get it repaired pronto.

Step 1 Remove the center console cover around the parking brake lever located inside the car between the driver's seat and the front passenger seat.
Step 2 Turn the adjuster nut with your wrench or pliers located at the end of the parking brake cable rod, to loosen the adjuster nut. Make sure it doesn't come off the end of the parking brake cable rod.
Step 3 Raise your Honda Accord rear wheels in the air using your jack and support both rear wheels with your jack stands.
Step 4 Pull up on the parking brake handle for two notches or clicks. Tighten the adjuster nut until there is a slight resistance on the rear wheels when they are spun.
Step 5 Release the parking brake lever. Verify the rear wheels do not have resistance and are able to spin freely.
Step 6 Pull up on the parking brake lever three to five notches and verify the rear wheels do not turn at all.
Lower your Honda Accord using the jack and remove the jack stands from the rear wheels.
Items you will need

• Wrench or pliers
• Jack and jack stands

Fluid by the back wheels could be an indication of a brake fluid leak. Check the reservoir on the master cylinder for brake fluid level. If it's low, you've identified that you have a leaky brake line and should replace it immediately. If the fluid is full, it's possible that you've a transmission fluid leak that traveled along the undercarriage and is dripping by the back wheels.

For the fastest indication of what the fluid is, check all the fluids, power steering, auto transmission (if equipt) clutch if it's a manual transmission etc

• CHECK THE RUBBER LINES IN THE FRONT AND BACK OF THE CAR ON EACH WHEEL. THEY GO TO THE CALIPERS ON THE FRONT/REAR BRAKES..IF THEY ARE TOO BAD THEY CAUSE LOCK UP ON THE BRAKES AS THAY COLLAPSE AND WONT LET THE PRESSURE DRAIN TO RELEASE BRAKES (LINE LOCK) ;) BAD CRACKS.SPLITS OR WEAR CAN CAUSE THIS.
• OTHERWISE YOU MAY HAVE A STUCK CALIPER WHICH SHOULD BE REPLACED, OR PARKING BRAKE IS STUCK.

I’m assuming you got either the factory original ceramic brake pads or at least a decent quality aftermarket ceramic brake pad, not some cheapo semi metallic brake pad, such as Duralast or Raybestos PG’s.

When you replaced them did you properly lube the metal to metal contact points on the calipers? Remember, the pads have to be free floating, otherwise they will not properly engage and disengage from the rotors.

Did possibly some of the caliper lube get on the friction part of the brake pads? Whoops, no friction then. It happens, solution is buy another set, sorry.
Did you bleed all four brakes? Even though the system was not “Opened”, guess what, it already was every time you touch your brakes. The extreme heating and cooling during normal brake operations, even more so on Antilock Braking Systems (ABS ), sucks in moisture through those rubber brake lines and various other connection points. That’s the first reason why you do a quick bleed of the system. The second is to balance out the four wheel braking abilities, if you don’t, as the front wheels start to slow faster then rear, the ABS system releases the front brakes to maintain control.

you get all the lug nuts tight, the weight of the car on a loose lug can make that noise from the wheel, jack the car up and manually spin the tire, if you can give a more indepth description ill try to help, i have OnDemand5 if you have any other questions

you may have a badly warn hub bearing
if you lift the car up on the right and push the wheel in and out,if it is play that should be the problem if not check the brake pads