will there be an avatar 2
There are two more Avatar movies that have been announced. Avatar 2 is scheduled for release some time in 2014, and Avatar 3 is scheduled for release some time in 2015. http://www.imdb.com/title/tt1630029/
Yes, Avatar 2 is currently in production and will be released in 2014. The title will be "Into the Abyss". Avatar 3 will be released in 2015.
Yes, there will be an Avatar 2 and James Cameron has stated there will be an Avatar 3. Avatar is expected to open in theaters in December, 2014 and Avatar 3 a year later.