Alan Wake is one of the most underrated games of the last generation, and in this day and age of sequels galore, it's almost unheard of that the series hasn't gotten a second entry. However, according to Phil Spencer, it's not for lack of demand…on Microsoft's part at least.
In an interview with Stevivor, Spencer revealed that the ball is essentially in developer Remedy's court if there is to be an Alan Wake 2. When asked what it would take to make it happen, he said:
“How do I put this?Well, the developer… the developer has to want to make the game."